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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 28,401 $ 39,143
Marketable securities 328,416 369,107
Accounts and other receivables 97 172
Prepaid and other current assets 11,065 2,417
Total current assets 367,979 410,839
Property and equipment, net 3,744 3,551
Operating lease right-of-use assets, net 3,944 2,970
Intangible assets, net 27,190 27,190
Other assets 104 104
Total assets 402,961 444,654
Current liabilities:    
Accounts payable 902 1,228
Accrued expenses 11,229 12,000
Litigation settlement payable 15,000  
Current portion of operating lease liabilities 1,425 1,746
Current portion of other long-term liabilities 1,393 1,554
Total current liabilities 29,949 16,528
Long-term portion of operating lease liabilities 2,586 1,296
Other long-term liabilities 5,333 7,354
Total liabilities 37,868 25,178
Commitments and contingent liabilities
Stockholders' equity:    
Convertible preferred stock, $.01 par value; 3,000,000 shares authorized; no shares issued and outstanding at June 30, 2022 and December 31, 2021
Common stock, $.001 par value; 297,000,000 shares authorized; 46,764,703 and 46,730,198 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 47 47
Additional paid-in capital 1,568,124 1,561,142
Accumulated other comprehensive income (417) 1,894
Accumulated deficit (1,202,661) (1,143,607)
Total stockholders' equity 365,093 419,476
Total liabilities and stockholders' equity $ 402,961 $ 444,654