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v3.3.1.900

Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2015 | Dec. 31, 2014
--- | --- | ---
Current assets: |  |
Cash and cash equivalents | $ 282,876 | $ 159,226
Prepaid expenses and other current assets | 5,242 | 5,488
Total current assets | 288,118 | 164,714
In-process research and development | 58,200 | 58,200
Fixed assets, net | 8,092 | 7,534
Other assets | 2,146 | 416
Total assets | 356,556 | 230,864
Current liabilities: |  |
Accounts payable | 7,468 | 9,249
Accrued expenses | 10,995 | 9,638
Other current liabilities | 683 | 743
Current portion of long-term debt | 3,113 |
Total current liabilities | 22,259 | 19,630
Long-term liabilities: |  |
Accrued lease expense, long-term |  | 118
Other long-term liabilities | 572 | 23
Debt, long-term | 22,027 | 24,856
Total liabilities | 44,858 | 44,627
Shareholders' equity: |  |
Common stock, $0.01 par value; 500,000,000 authorized shares, 61,813,995 and 49,806,131 issued and outstanding shares at December 31, 2015 and December 31, 2014, respectively | 618 | 498
Additional paid-in capital | 900,043 | 656,519
Accumulated deficit | (588,963) | (470,780)
Total shareholders' equity | 311,698 | 186,237
Total liabilities and shareholders' equity | $ 356,556 | $ 230,864

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