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v3.4.0.3

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015
--- | --- | ---
Collaboration Receivables [Member] |  |
Assets |  |
Receivables | $ 7,384 | $ 6,243
Deferred Collaborative Revenue [Member] |  |
Liabilities and Stockholders’ Equity |  |
Deferred revenue | 2,163 | 2,163
Cash and cash equivalents | 12,902 | 28,899
Restricted cash | 1,965 | 1,612
Investments | 22,914 | 22,664
Inventory | 1,949 | 1,612
Prepaid expenses and other current assets | 3,221 | 2,674
Deferred collaboration expense | 90 | 90
Total current assets | 50,425 | 63,794
Investments | 41,134 | 47,683
Property and equipment, net | 8,362 | 5,149
Deferred collaboration expense | 246 | 265
Other assets | 2,714 | 5,468
Total assets | 102,881 | 122,359
Accounts payable | 7,691 | 9,307
Accrued expenses | 17,328 | 16,237
Interest payable | 7,974 | 6,746
Non-recourse notes payable | 27,914 | 27,804
Total current liabilities | 63,070 | 62,257
Deferred collaboration revenue | 9,194 | 9,674
Deferred rent | 313 | 329
Lease financing obligation | $ 2,506 | $ 2,375
Stockholders’ equity: |  |
Preferred stock, $0.001 par value; shares authorized — 5,000; no shares issued and outstanding |  |
Common stock, $0.01 par value: shares authorized — 200,000; shares issued and outstanding — 73,693 in 2016 and 73,355 in 2015 | $ 737 | $ 734
Additional paid-in capital | 560,762 | 558,113
Accumulated other comprehensive income (loss) | 48 | (206)
Accumulated deficit | (533,749) | (510,917)
Total stockholders’ equity | 27,798 | 47,724
Total liabilities and stockholders’ equity | $ 102,881 | $ 122,359

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