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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 21,134 $ 29,429
Marketable securities 214,214 275,523
Accounts and other receivables 252 347
Prepaid and other current assets 10,333 12,394
Total current assets 245,933 317,693
Property and equipment, net 4,162 3,747
Operating lease right-of-use assets, net 2,864 4,001
Intangible assets 27,190 27,190
Other assets 107 104
Total assets 280,256 352,735
Current liabilities:    
Accounts payable 3,586 3,340
Accrued expenses 18,471 12,835
Current portion of operating lease liabilities 1,547 1,445
Current portion of other long-term liabilities 4,232 990
Total current liabilities 27,836 18,610
Long-term portion of operating lease liabilities 1,299 2,588
Other long-term liabilities 4,403 5,333
Total liabilities 33,538 26,531
Commitments and contingent liabilities
Stockholders' equity:    
Convertible preferred stock, $.01 par value; 3,000,000 shares authorized; no shares issued and outstanding at September 30, 2023 and December 31, 2022
Common stock, $.001 par value; 297,000,000 shares authorized; 47,264,197 and 47,200,695 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 47 47
Additional paid-in capital 1,598,591 1,580,829
Accumulated other comprehensive income 2,135 1,260
Accumulated deficit (1,354,055) (1,255,932)
Total stockholders' equity 246,718 326,204
Total liabilities and stockholders' equity $ 280,256 $ 352,735