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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 130,849 $ 226,748
Marketable securities 560,219 685,475
Accounts receivable 12,329 36,456
Prepaid expenses and other current assets 53,814 49,651
Total current assets 757,211 998,330
Marketable securities - noncurrent 248,805 99,864
Property and equipment, net 30,273 32,760
Operating lease right-of-use assets 105,412 115,375
Equity method investment 0 11,765
Investments and other assets 49,835 42,883
Total assets 1,191,536 1,300,977
Current liabilities:    
Accounts payable 18,816 7,452
Accrued expenses 45,127 67,017
Current portion of operating lease liability 18,963 18,599
Current portion of deferred revenue 22,184 22,140
Total current liabilities 105,090 115,208
Deferred revenue, net of current portion 28,052 38,853
Long-term operating lease liability 87,332 96,747
Total liabilities 220,474 250,808
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock, $0.0001 par value; 240,000,000 shares authorized at June 30, 2024 and December 31, 2023; 98,289,150 and 92,997,158 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 10 9
Additional paid-in capital 2,884,997 2,710,797
Accumulated other comprehensive loss (1,155) (2,258)
Accumulated deficit (1,912,790) (1,658,379)
Total stockholders’ equity 971,062 1,050,169
Total liabilities and stockholders' equity $ 1,191,536 $ 1,300,977