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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 120,271 $ 132,496
Accounts receivable and accrued income 1,233 3,680
Accounts receivable and accrued income from related party 517 5,500
Prepaid expenses 1,129 996
Other current assets 579 1,274
Total current assets 123,729 143,946
Non-current assets    
Property, plant and equipment, net 35,241 35,702
Intangible assets, net 8,357 8,324
Goodwill 471 465
Other non-current assets 1,837 1,828
Total non-current assets 45,906 46,319
Total assets 169,635 190,265
Current liabilities    
Accounts payable 3,954 5,524
Accrued expenses and other current liabilities 7,154 9,766
Current portion of long-term debt 2,443 605
Current portion of deferred rent 697 684
Current portion of deferred revenue 6,225 6,142
Total current liabilities 20,473 22,721
Non-current liabilities    
Long-term debt, net of current portion 17,920 19,631
Deferred rent, net of current portion 8,090 6,781
Deferred revenue, net of current portion 75,404 75,612
Contingent consideration 1,989 1,838
Other non-current liabilities 32 51
Total non-current liabilities 103,435 103,913
Total liabilities 123,908 126,634
Commitments and contingencies (See Note 13)
Shareholders' equity    
Common shares, 0.05 par value: 60,000,000 shares authorized at March 31, 2017, and December 31, 2016, and 25,475,894 and 25,257,420 shares issued and outstanding at March 31, 2017, and December 31, 2016, respectively. 1,604 1,593
Additional paid-in-capital 466,688 464,653
Accumulated other comprehensive loss (6,235) (6,557)
Accumulated deficit (416,330) (396,058)
Total shareholders' equity 45,727 63,631
Total liabilities and shareholders' equity $ 169,635 $ 190,265