Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 289,897 $ 233,351
Accounts receivable, net 19,439 19,349
Inventory 2,291 1,404
Other receivables - related party 849 744
Prepaid expenses and other current assets 5,517 6,723
Total current assets 317,993 261,571
Property and equipment, net 12,291 11,923
Operating lease right-of-use asset, net 20,072 20,487
Restricted cash 1,645 1,645
Long-term investment, at fair value 23,479 17,566
Intangible asset, net 14,442 14,629
Other assets 1,121 1,013
Total assets 391,043 328,834
Current liabilities    
Accounts payable and accrued expenses 39,181 40,674
Deferred revenue 7,200 0
Income taxes payable 136 136
Operating lease liabilities - short-term 1,840 1,849
Partner company note payable, short-term 5,463 5,300
Total current liabilities 53,820 47,959
Notes payable, long-term (net of debt discount of $8,014 and $8,323 at March 31, 2021 and December 31, 2020, respectively) 51,986 51,677
Operating lease liabilities, long-term 22,447 22,891
Partner company note payable, long-term 5,613 7,359
Partner company share-settled notes, long-term 10,687 0
Partner company derivative warrant liability 362 0
Other long-term liabilities 1,903 1,949
Total liabilities 146,818 131,835
Commitments and contingencies
Stockholders' equity    
Cumulative redeemable perpetual preferred stock, $.001 par value, 15,000,000 authorized, 5,000,000 designated Series A shares, 3,427,138 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively, liquidation value of $25.00 per share 3 3
Common stock, $.001 par value, 150,000,000 shares authorized, 97,263,054 and 94,877,492 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 97 95
Additional paid-in-capital 597,384 583,000
Accumulated deficit (491,582) (482,760)
Total stockholders' equity attributed to the Company 105,902 100,338
Non-controlling interests 138,323 96,661
Total stockholders' equity 244,225 196,999
Total liabilities and stockholders' equity $ 391,043 $ 328,834