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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 66,271 $ 87,784
Short-term investments 275,186 37,534
Prepaid expenses and other current assets 5,820 1,861
Total current assets 347,277 127,179
Property and equipment, net 23,728 10,858
Operating lease right-of-use assets 25,070  
Intangible assets 1,320 1,320
Goodwill 4,228 4,228
Other long-term assets 3,548 3,411
Total assets 405,171 146,996
Current liabilities:    
Accounts payable 1,256 4,929
Accrued and other liabilities 24,315 13,926
Operating lease liabilities, current 4,199  
Term debt - short-term   3,000
Total current liabilities 29,770 21,855
Term debt - long-term 29,059 26,140
Deferred CIRM grant liability 23,755 19,592
Warrant liability   1,271
Deferred tax liability 55 55
Operating lease liability, non-current 25,615  
Other long-term liabilities 1,081 5,421
Total liabilities 109,335 74,334
Commitments and contingencies (Note 10)
Convertible preferred stock (Series A, A-1, B, C and D), $0.0001 par value: 0 and 33,085,827 shares authorized at September 30, 2020 and December 31, 2019, respectively; 0 and 32,934,785 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively   222,173
Stockholders’ equity (deficit):    
Common stock, $0.0001 par value: 250,000,000 and 57,013,463 shares authorized at September 30, 2020 and December 31, 2019, respectively; 61,819,509 and 13,196,419 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 6 2
Additional paid-in capital 541,605 2,689
Accumulated other comprehensive income (loss) (39) 19
Accumulated deficit (245,736) (152,221)
Total stockholders’ equity (deficit) 295,836 (149,511)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 405,171 $ 146,996