XML 23 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 143,736 $ 151,794
Investments 606,350 847,123
Accounts receivable   306
Contract asset   4,913
Prepaid expenses 16,702 12,110
Other current assets 3,315 3,259
Total current assets 770,103 1,019,505
Property and equipment, net 10,901 11,634
Operating lease assets 57,969 63,754
Restricted cash 2,707 2,578
Intangible asset 2,300 2,300
Total assets 843,980 1,099,771
Current liabilities:    
Accounts payable 9,211 10,578
Accrued expenses 14,890 22,703
Operating lease liabilities 4,964 4,276
Other current liabilities 1,204 26,152
Total current liabilities 30,269 63,709
Operating lease liabilities, net of current portion 48,502 53,466
Contingent consideration liability 13,206 32,378
Total liabilities 91,977 149,553
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, $0.001 par value; 300,000,000 shares authorized as of December 31, 2023, and December 31, 2022;127,462,409 and 121,112,234 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 127 121
Additional paid-in capital 2,152,654 2,019,126
Accumulated other comprehensive loss (196) (10,420)
Accumulated deficit (1,400,582) (1,058,609)
Total stockholders' equity 752,003 950,218
Total liabilities and stockholders' equity $ 843,980 $ 1,099,771