XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 361,687 $ 57,226
Marketable securities 75,117 222,500
Accounts receivable 3,864 4,620
Prepaid expenses and other current assets 5,699 5,135
Total current assets 446,367 289,481
Marketable securities - noncurrent   4,746
Property and equipment, net 16,402 17,996
Operating lease right-of-use assets 23,469 19,137
Other assets 4,592 2,920
Total Assets 490,830 334,280
Current Liabilities:    
Accounts payable 7 3,941
Accrued expenses 15,374 13,273
Current portion of operating lease liability 5,834 5,745
Current portion of deferred revenue 37,927 12,674
Total current liabilities 59,142 35,633
Deferred revenue, net of current portion 62,752 16,136
Long-term operating lease liability 17,349 12,630
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Common stock, $0.0001 par value; 120,000,000 shares authorized; 58,724,238 and 50,198,044 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 6 5
Additional paid-in capital 716,503 570,493
Accumulated other comprehensive income 155 261
Accumulated deficit (365,077) (300,878)
Total stockholders’ equity 351,587 269,881
Total Liabilities and Stockholders’ Equity $ 490,830 $ 334,280