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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 171,806 $ 523,506
Marketable securities 736,268 669,116
Accounts receivable ($0 and $0.3 million, respectively, from related party) 5,056 3,768
Prepaid expenses and other current assets 26,485 20,407
Total current assets 939,615 1,216,797
Marketable securities - noncurrent 164,013 69,338
Property and equipment, net 33,194 27,921
Operating lease right-of-use assets 123,550 133,076
Equity method investment 21,837 32,455
Investments and other assets 41,031 40,527
Total Assets 1,323,240 1,520,114
Current Liabilities:    
Accounts payable 11,634 5,154
Accrued expenses ($1.4 million and $1.6 million, respectively, from related party) 49,534 60,876
Current portion of operating lease liability 16,750 16,685
Current portion of deferred revenue ($2.9 million and $19.9 million, respectively, from related party) 21,933 43,839
Total current liabilities 99,851 126,554
Deferred revenue, net of current portion 12,919 19,932
Long-term operating lease liability 105,582 114,018
Contingent consideration liability 0 24,026
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Common stock, $0.0001 par value; 240,000,000 and 120,000,000 shares authorized at June 30, 2023 and December 31, 2022, respectively; 88,347,634 and 87,103,007 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 9 9
Additional paid-in capital 2,512,741 2,420,223
Accumulated other comprehensive loss (3,868) (7,461)
Accumulated deficit (1,403,994) (1,177,187)
Total stockholders’ equity 1,104,888 1,235,584
Total Liabilities and Stockholders’ Equity $ 1,323,240 $ 1,520,114