God... You are confused!!.. Applying grade 1 calculations to a biotech stock with a game changing medication... Actually I am WISHING for a price drop (sell on the news) so I can load up. I keep waiting though and this thing keeps going up and up.. But man, are you ever so out to lunch!!!,
.Liquidity and Capital Resources
Our principal sources of working capital have been private and public equity financings as well as proceeds from collaborative research and development agreements. At March 31, 2013 , we had $511,247,000 in cash, cash equivalents and marketable securities.No counting the $75,000,000 for the FDA accepted for filing its new drug application for treating two types of blood cancer.which triggers a $75 million payment to the company from Johnson & Johnson’s FDA notified the company on Aug. 27 2013.