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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 147,073 $ 298,887
Short-term investment securities 48,636 15,876
Accounts receivable, net 88 1,389
Prepaid research and development 3,627 11,929
Other current assets 3,136 2,884
Total current assets 202,560 330,965
Restricted cash 1,266 1,264
Long-term investment securities 36,078 35,533
Right of use assets 8,783 8,629
Leasehold interest, net 1,733 1,839
Equipment, net 447 600
Goodwill 799 799
Total assets 251,666 379,629
Current liabilities:    
Accounts payable and accrued expenses 37,224 51,294
Other current liabilities 1,740 1,512
Loan payable - current portion   975
Lease liability - current portion 1,480 1,437
Accrued compensation 2,882 10,166
Total current liabilities 43,326 65,384
Deferred revenue, net of current portion 381 457
Loan payable - non-current 68,947 66,788
Lease liability - non-current 9,977 9,847
Total liabilities 122,631 142,476
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value per share (175,000,000 shares authorized, 145,198,058 and 143,292,043 shares issued, 145,156,749 and 143,250,734 shares outstanding at June 30, 2022 and December 31, 2021, respectively) 145 143
Additional paid-in capital 1,567,345 1,565,942
Treasury stock, at cost, 41,309 shares at June 30, 2022 and December 31, 2021 (234) (234)
Accumulated deficit (1,438,221) (1,328,698)
Total stockholders' equity 129,035 237,153
Total liabilities and stockholders' equity $ 251,666 $ 379,629