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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 183,403 $ 486,055
Marketable securities 141,815 26,573
Restricted cash 64 565
Prepaid expenses and other current assets 6,498 9,129
Total current assets 331,780 522,322
Property and equipment, net 5,320 5,534
Operating lease right-of-use assets 5,477 10,550
Other assets 1,080 1,027
Total assets 343,657 539,433
Current liabilities    
Accounts payable 3,244 7,508
Accrued research and development expenses 16,205 10,431
Accrued expenses and other current liabilities 20,410 20,711
Total current liabilities 39,859 38,650
Long-term convertible senior notes 150,038 143,642
Long-term debt 29,079 28,744
Operating lease liabilities - long-term 3,218 7,713
Total liabilities 222,194 218,749
Commitments and contingencies
Stockholders' equity (deficit)    
Common stock, $0.0001 par value; 700,000,000 shares authorized as of December 31, 2021 and December 31, 2020; 76,470,588 shares issued and 75,752,664 shares outstanding as of December 31, 2021, and 75,524,254 shares issued and 73,874,904 shares outstanding as of December 31, 2020 8 8
Additional paid-in capital 932,944 897,607
Accumulated deficit (811,534) (577,530)
Accumulated other comprehensive income 45 599
Total stockholders' equity 121,463 320,684
Total liabilities and stockholders' equity $ 343,657 $ 539,433