CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands |
Jun. 30, 2019 |
Dec. 31, 2018 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 141,084
|
$ 307,064
|
| Investments |
221,246
|
96,987
|
| Prepaid expenses and other current assets |
4,196
|
9,737
|
| Restricted cash |
122
|
622
|
| Total current assets |
366,648
|
414,410
|
| Operating lease, right-of-use-asset |
27,643
|
|
| Property, plant and equipment, net |
41,898
|
62,796
|
| Restricted cash |
1,735
|
1,735
|
| Other assets |
108
|
168
|
| Total assets |
438,032
|
479,109
|
| Current liabilities: |
|
|
| Accounts payable |
2,344
|
7,886
|
| Accrued expenses and other current liabilities |
13,805
|
7,616
|
| Operating lease liabilities |
5,076
|
4,502
|
| Total current liabilities |
21,225
|
20,004
|
| Long-term debt, net of discount |
49,422
|
24,347
|
| Other long-term liabilities |
604
|
309
|
| Operating lease liabilities, net of current portion |
23,137
|
41,441
|
| Total liabilities |
94,388
|
86,101
|
| Commitments and contingencies (see Note 11) |
|
|
| Stockholders' equity: |
|
|
| Preferred stock, $0.001 par value; 10,000,000 shares authorized at June 30, 2019 and December 31, 2018, no shares issued or outstanding at June 30, 2019 and December 31, 2018 |
|
|
| Common stock, $0.001 par value; 150,000,000 shares authorized at June 30, 2019 and December 31, 2018; 80,077,679 and 79,234,853 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively |
80
|
79
|
| Additional paid-in capital |
564,527
|
543,040
|
| Accumulated other comprehensive income (loss) |
290
|
(29)
|
| Accumulated deficit |
(221,253)
|
(150,082)
|
| Total stockholders' equity |
343,644
|
393,008
|
| Total liabilities and stockholders' equity |
$ 438,032
|
$ 479,109
|