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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 184,135 $ 143,663
Accounts receivable 50,507 488
Prepaid expenses 12,632 17,434
Other current assets 418 169
Total current assets 247,692 161,754
Property, equipment, and software—net 23,053 25,154
Intangible assets—net 1,995 2,048
Right-of-use assets—net 3,595 4,180
Investment in equity securities 3,091 3,091
Equity method investment 1,351 3,751
Note receivable—net 7,054 6,879
Other assets 9,332 4,641
Total assets 297,163 211,498
Current liabilities:    
Accounts payable 797 1,144
Accrued compensation 4,050 6,765
Accrued clinical and research and development expenses 4,186 4,028
Deferred revenue 41,514 21,244
Lease liabilities 1,927 1,822
Other current liabilities 1,449 977
Total current liabilities 53,923 35,980
Deferred revenue 104,048 67,015
Lease liabilities 3,823 4,813
Long term debt—net 22,119 2,478
Contract liabilities 10,000 10,000
Other noncurrent liabilities 227 44
Total liabilities 194,140 120,330
Commitments and contingencies (Note 4)
Stockholders’ equity:    
Preferred stock, $0.0001 par value— 10,000,000 shares authorized as of June 30, 2022 and December 31, 2021; no shares issued and outstanding as of June 30, 2022 and December 31, 2021
Common stock; $0.000005 par value— 200,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 111,605,505 shares issued and 110,795,033 shares outstanding as of June 30, 2022; 61,712,577 shares issued and 60,902,105 shares outstanding as of December 31, 2021
Additional paid-in capital 479,853 408,795
Accumulated deficit (375,878) (316,675)
Treasury stock (952) (952)
Total stockholders’ equity 103,023 91,168
Total liabilities and stockholders’ equity $ 297,163 $ 211,498