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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 102,304,000 $ 298,887,000
Short-term investment securities 59,374,000 15,876,000
Accounts receivable, net   1,389,000
Prepaid research and development 4,237,000 11,929,000
Other current assets 2,359,000 2,884,000
Total current assets 168,274,000 330,965,000
Restricted cash 1,273,000 1,264,000
Long-term investment securities 12,404,000 35,533,000
Right of use assets 8,888,000 8,629,000
Leasehold interest, net 1,627,000 1,839,000
Equipment, net 307,000 600,000
Goodwill 799,000 799,000
Total assets 193,572,000 379,629,000
Current liabilities:    
Accounts payable and accrued expenses 42,019,000 51,294,000
Other current liabilities 1,169,000 1,512,000
Loan payable - current portion 0 975,000
Lease liability - current portion 1,581,000 1,437,000
Accrued compensation 8,432,000 10,166,000
Total current liabilities 53,201,000 65,384,000
Deferred revenue, net of current portion 305,000 457,000
Loan payable - non-current 71,135,000 66,788,000
Lease liability - non-current 10,344,000 9,847,000
Total liabilities 134,985,000 142,476,000
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value per share (175,000,000 shares authorized, 145,399,144 and 143,292,043 shares issued, 145,357,835 and 143,250,734 shares outstanding at September 30, 2022 and December 31, 2021, respectively) 146,000 143,000
Additional paid-in capital 1,585,708,000 1,565,942,000
Treasury stock, at cost, 41,309 shares at September 30, 2022 and December 31, 2021 (234,000) (234,000)
Accumulated deficit (1,527,033,000) (1,328,698,000)
Total stockholders' equity 58,587,000 237,153,000
Total liabilities and stockholders' equity $ 193,572,000 $ 379,629,000