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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 471,514 $ 553,439
Short-term investment securities 52,334 51,987
Accounts receivable, net 771  
Prepaid research and development 5,590 5,231
Other current assets 4,804 1,083
Total current assets 535,013 611,740
Restricted cash 1,260 1,259
Leasehold interest, net 1,998 2,051
Equipment, net 488 481
Right of use assets 9,141 9,312
Goodwill 799 799
Total assets 548,699 625,642
Current liabilities:    
Accounts payable and accrued expenses 42,837 37,014
Other current liabilities 14,460 18,236
Loan payable - current portion 30,127 22,179
Lease liability - current portion 1,533 1,669
Accrued compensation 3,537 8,456
Total current liabilities 92,494 87,554
Deferred revenue, net of current portion 571 610
Loan payable - non-current   7,716
Lease liability - non-current 10,349 10,412
Total liabilities 103,414 106,292
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value per share (10,000,000 shares authorized, none issued and outstanding as of March 31, 2021 and December 31, 2020) 0 0
Common stock, $0.001 par value per share (150,000,000 shares authorized, 141,520,696 and 140,617,606 shares issued, 141,479,387 and 140,576,297 shares outstanding at March 31, 2021 and December 31, 2020, respectively) 142 141
Additional paid-in capital 1,516,602 1,500,040
Treasury stock, at cost, 41,309 shares at March 31, 2021 and December 31, 2020 (234) (234)
Accumulated deficit (1,071,225) (980,597)
Total stockholders' equity 445,285 519,350
Total liabilities and stockholders' equity $ 548,699 $ 625,642