XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 109,860 $ 298,887
Short-term investment securities 66,082 15,876
Accounts receivable, net   1,389
Prepaid research and development 4,026 11,929
Other current assets 2,954 2,884
Total current assets 182,922 330,965
Restricted cash 1,269 1,264
Long-term investment securities 21,766 35,533
Right of use assets 9,079 8,629
Leasehold interest, net 1,680 1,839
Equipment, net 376 600
Goodwill 799 799
Total assets 217,891 379,629
Current liabilities:    
Accounts payable and accrued expenses 29,726 51,294
Other current liabilities 807 1,512
Loan payable - current portion   975
Lease liability - current portion 1,616 1,437
Accrued compensation 4,298 10,166
Total current liabilities 36,447 65,384
Deferred revenue, net of current portion 343 457
Loan payable - non-current 70,038 66,788
Lease liability - non-current 10,582 9,847
Total liabilities 117,410 142,476
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value per share (175,000,000 shares authorized, 145,399,144 and 143,292,043 shares issued, 145,357,835 and 143,250,734 shares outstanding at September 30, 2022 and December 31, 2021, respectively) 145 143
Additional paid-in capital 1,574,609 1,565,942
Treasury stock, at cost, 41,309 shares at September 30, 2022 and December 31, 2021 (234) (234)
Accumulated deficit (1,474,039) (1,328,698)
Total stockholders' equity 100,481 237,153
Total liabilities and stockholders' equity $ 217,891 $ 379,629