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Balance Sheet Components | 12 Months Ended
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Dec. 31, 2016
Balance Sheet Components [Abstract] |
Balance Sheet Components | NOTE 5. BALANCE SHEET COMPONENTS Inventory As of December 31, 2016 and 2015, our inventory consisted of the following components: ﻿
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ | December 31,
﻿(in thousands) | 2016 |  | 2015
﻿Purchased materials | $ | 4,817 |  | $ | 4,041
﻿Work in process |  | 7,287 |  |  | 3,576
﻿Finished goods |  | 3,530 |  |  | 3,338
﻿Inventory | $ | 15,634 |  | $ | 10,955
﻿ ﻿ Prepaid Expenses and Other Current Assets As of December 31, 2016 and 2015, our prepaid expenses and other current assets consisted of the following components: ﻿
﻿ |  |  |  |  |
﻿ | December 31,
﻿(in thousands) | 2016 |  | 2015
﻿Receivable from Existing Landlord | $ | 5,000 |  | $ | 10,000
﻿Rent deposits for O'Brien building |  | 2,160 |  |  | —
﻿Prepaid expenses |  | 2,342 |  |  | 1,330
﻿Other current assets |  | 476 |  |  | 741
﻿Prepaid expenses and other current assets | $ | 9,978 |  | $ | 12,071
﻿ ﻿ Other Long-term Assets As of December 31, 2016 and 2015, our other long-term assets consisted of the following components: ﻿ ﻿
﻿ |  |  |  |  |
﻿ | December 31,
﻿(in thousands) | 2016 |  | 2015
﻿Receivable from Existing Landlord | $ | — |  | $ | 5,000
﻿Rent deposits and tenant improvements for O'Brien building |  | 9,641 |  |  | 2,160
﻿Other |  | 172 |  |  | 358
﻿Other long-term assets | $ | 9,813 |  | $ | 7,518
﻿ Receivable from existing landlord of $10.0 million as of December 31, 2015 was part of the $15.0 million of future payments receivable from our existing landlord for our Menlo Park facility real property leases, as described in further details in “Note 7. Commitments and Contingencies.” Of the amount receivable, $10.0 million was recorded as a short-term receivable in “Prepaid and Other Current Assets” and the final $5.0 million was recorded in “Other Long-term Assets” as of December 31, 2015, based on the expected timing of receipt of the payment. During the year ended December 31, 2016, two $5.0 million Landlord Payment s w ere received in February 2016 and in August 2016 and a t December 31, 2016, the final $5.0 million was recorded in “Prepaid Expenses and Other Current Assets” in the consolidated balance sheets. In addition, rent deposits and tenant improvements for our 1305 O’Brien building of $9.6 million and $2.2 million were recorded, respectively, in “Other long-term assets” in the consolidated balance sheets at December 31, 2016 and 2015. In January 2017, we entered into a Third Lease Amendment Agreement with the Existing Landlord that increased the amount of the payments receivable from the Existing Landlord by $65,000. ﻿ ﻿ Property and Equipment, Net As of December 31, 2016 and 2015, our property and equipment, net, consisted of the following components: ﻿
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ | December 31,
﻿(in thousands) | 2016 |  | 2015
﻿Building | $ | 1,160 |  | $ | 1,160
﻿Laboratory equipment and machinery |  | 23,337 |  |  | 20,358
﻿Leasehold improvements |  | 8,138 |  |  | 8,348
﻿Computer equipment |  | 7,170 |  |  | 6,781
﻿Software |  | 5,189 |  |  | 4,798
﻿Furniture and fixtures |  | 823 |  |  | 968
﻿Construction in progress |  | 5,772 |  |  | —
﻿ |  | 51,589 |  |  | 42,413
﻿Less: Accumulated depreciation |  | (37,029) |  |  | (33,865)
﻿Property and equipment, net | $ | 14,560 |  | $ | 8,548
﻿ At December 31, 2016, out of the construction-in-progress balance of $5.8 million, approximately $5.2 million related to1305 O’Brien building purchases. Depreciation expense during the years ended December 31, 2016, 2015 and 2014 was $3.9 million, $3.7 million and $4.2 million, respectively. ﻿ Accrued Expenses As of December 31, 20 16 and 20 15, our accrued expenses consisted of the following components: ﻿
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ | December 31,
﻿(in thousands) | 2016 |  | 2015
﻿Salaries and benefits | $ | 8,562 |  | $ | 8,129
﻿Accrued license and development services |  | 5,411 |  |  | 5,459
﻿Inventory accrual, professional services, accrued interest and other |  | 2,631 |  |  | 1,963
﻿Accrued expenses | $ | 16,604 |  | $ | 15,551
﻿

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