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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 49,170 $ 54,951
Marketable securities, available-for-sale 201,730 283,554
Accounts receivable from government grants, net 5 417
Prepaid expenses and other current assets 8,301 6,182
Restricted Cash, Current 243 0
Total current assets 259,449 345,104
Property and equipment, net 2,251 1,099
Operating lease right-of-use assets 1,195 2,520
Prepaid expenses and other assets 4,794 2,976
Deferred financing costs 716 0
Goodwill 3,736 3,736
In-process research and development 8,800 8,800
Restricted cash 3,021 1,320
Total assets 283,962 365,555
Current liabilities    
Accounts payable 8,273 8,661
Accrued expenses 25,304 19,940
Total current liabilities 33,577 28,601
Deferred tax liability 2,480 2,480
Other long-term liabilities 296 1,097
Total liabilities 36,353 32,178
Commitments and contingencies
EQUITY    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2021 and December 31, 2020 0 0
Common stock, $0.001 par value; 250,000,000 shares authorized; 41,314,864 and 41,040,286 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 41 41
Additional paid-in capital 529,019 509,339
Accumulated other comprehensive income 94 36
Accumulated deficit (305,309) (200,834)
Total stockholders’ equity 223,845 308,582
Noncontrolling interests 23,764 24,795
Total equity 247,609 333,377
Total liabilities and stockholders’ equity $ 283,962 $ 365,555