XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 214,007 $ 644,588
Restricted cash 3,913 3,907
Short-term investments 336,273  
Accounts receivable, net 124,985 116,430
Inventory 124,844 76,769
Prepaid and other current assets 23,589 13,311
Total current assets 827,611 855,005
Property, plant and equipment, net 2,316 2,361
Long-term investments 61,039  
Operating lease right-of-use asset 8,291 8,511
Other long-term assets 1,074 1,074
Intangible asset, net 14,538 15,258
TOTAL ASSETS 914,869 882,209
Current Liabilities:    
Accounts payable 86,757 49,950
Accrued expenses and other current liabilities 168,549 139,826
Debt from royalty-bearing instrument 22,455 50,130
Deferred revenue, current 5,706 2,342
Total current liabilities 283,467 242,248
Long-Term Liabilities:    
Deferred revenue, long-term 14,507 18,504
Long-term operating lease liability 9,311 9,443
Other long-term liabilities 4,821 3,751
Total liabilities 312,106 273,946
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Series A Convertible Preferred Stock, £0.05 par, unlimited authorized; 51,603,780 shares issued and outstanding as of June 30, 2020 (equivalent to 5,160,378 ordinary shares upon future consolidation and redesignation at a 10:1 ratio) and 289,317,460 shares issued and outstanding as of December 31, 2019 (equivalent to 28,931,746 ordinary shares upon future consolidation and redesignation at a 10:1 ratio) 7,166 21,850
Common stock, £0.50 par, unlimited authorized; 391,589,312 issued, 385,847,517 outstanding as of June 30, 2020; 365,014,893 issued, 360,103,901 outstanding as of December 31, 2019 285,672 269,173
Additional paid-in capital 1,787,492 1,764,317
Treasury stock; 5,741,795 shares as of June 30, 2020; 4,910,992 shares as of December 31, 2019 (50,252) (35,900)
Accumulated deficit (1,427,315) (1,411,177)
Total stockholders’ equity 602,763 608,263
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 914,869 $ 882,209