XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 153,880 $ 340,396
Marketable securities 422,623 270,331
Prepaid and other assets 18,031 12,215
Total current assets 594,534 622,942
Property and equipment, net 7,776 6,254
Restricted cash 295 251
Right-of-use assets 7,755 8,755
Other assets 424 598
Total assets 610,784 638,800
Current liabilities:    
Accounts payable and accrued liabilities 31,756 32,572
Accrued compensation 6,527 11,190
Lease liabilities, current portion 3,151 3,105
Deferred revenue, current portion 3,810 5,041
Total current liabilities 45,244 51,908
Lease liabilities, net of current portion 6,362 7,582
Deferred revenue, net of current portion 0 1,235
Total liabilities 51,606 60,725
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock, $0.0001 par value; authorized shares – 400,000; issued and outstanding shares – 74,070 and 69,768 at June 30, 2023 and December 31, 2022, respectively 7 7
Additional paid-in capital 1,019,800 939,310
Accumulated other comprehensive loss (2,666) (2,698)
Accumulated deficit (457,963) (358,544)
Total stockholders’ equity 559,178 578,075
Total liabilities and stockholders’ equity $ 610,784 $ 638,800