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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 170,847 $ 105,219
Marketable securities 310,374 123,439
Restricted cash   200
Prepaid expenses and other current assets 16,567 3,095
Total current assets 497,788 231,953
Property and equipment, net 4,110 3,193
Operating lease right-of-use assets 11,922  
Other assets 2,129 4,273
Total assets 515,949 239,419
Current liabilities    
Accounts payable 4,548 2,182
Accrued research and development expenses 12,725 10,653
Accrued expenses 7,879 7,568
Total current liabilities 25,152 20,403
Operating lease liabilities 10,537  
Accrued expenses - long-term   718
Total liabilities 35,689 21,121
Commitments and contingencies - Note 10
Stockholders' equity (deficit)    
Common stock, $0.0001 par value; 700,000,000 shares authorized as of March 31, 2019 and 49,160,177 shares authorized as of December 31, 2018; 65,891,910 shares issued and 60,029,470 shares outstanding as of March 31, 2019, and 15,533,450 shares issued and 8,051,418 shares outstanding as of December 31, 2018 7 2
Additional paid-in capital 666,648 33,853
Accumulated deficit (186,474) (153,863)
Accumulated other comprehensive income (loss) 79 (61)
Total stockholders' equity (deficit) 480,260 (120,069)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 515,949 239,419
Series Seed Convertible Preferred Stock    
Current liabilities    
Convertible preferred stock, shares issued, outstanding, and liquidation preference   29,200
Series A Convertible Preferred Stock    
Current liabilities    
Convertible preferred stock, shares issued, outstanding, and liquidation preference   79,615
Series B Convertible Preferred Stock    
Current liabilities    
Convertible preferred stock, shares issued, outstanding, and liquidation preference   $ 229,552