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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 92,154 $ 656,203
Accounts receivable, net 129,122 115,458
Prepaid expenses and other current assets 12,012 7,715
Restricted cash   1,250
Total current assets 233,288 780,626
Restricted cash, net of current portion   485
Accounts receivable, net of current portion   14,589
Property and equipment, net 5,585 6,288
Operating lease right-of-use assets 12,586 14,023
Intangible assets, net 3,682  
Deferred tax assets 212,324 283,661
Other assets 3,608 847
Total assets 471,073 1,100,519
Current liabilities:    
Accounts payable 7,830 483
Accrued research and development costs 21,331 5,258
Accrued expenses and other current liabilities 44,254 16,700
Current portion of operating lease liabilities 3,126 3,065
Current portion of convertible senior notes 199,560  
Note hedge warrants   19
Total current liabilities 276,101 25,525
Convertible senior notes, net of current portion 198,309 396,251
Operating lease obligations, net of current portion 14,543 16,599
Revolving credit facility 300,000  
Other liabilities 28,415 9,766
Commitments and contingencies
Stockholders' equity (deficit):    
Preferred stock, $0.001 par value, 75,000,000 shares authorized, no shares issued and outstanding
Class A Common Stock, $0.001 par value, 500,000,000 shares authorized and 156,354,238 shares issued and outstanding at December 31, 2023 and 500,000,000 shares authorized and 154,026,949 shares issued and outstanding at December 31, 2022 156 154
Additional paid-in capital 1,355,195 1,348,600
Accumulated deficit (1,698,615) (696,376)
Accumulated other comprehensive loss (3,031)  
Total stockholders' equity (deficit) (346,295) 652,378
Total liabilities and stockholders' equity $ 471,073 $ 1,100,519