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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 146,242 $ 33,006
Marketable securities 62,423 100,011
Restricted cash - current 10 10
Receivable from collaboration partner and contract asset - related party 2,997 6,755
Research and development tax incentive receivable 276  
Prepaid expenses and other current assets 5,518 5,529
Total current assets 217,466 145,311
Property and equipment, net 1,553 1,681
Restricted cash - noncurrent 450 450
Operating lease right-of-use asset 5,511 6,042
Deferred tax asset   1,433
Total assets 224,980 154,917
Current liabilities:    
Accounts payable 2,855 2,790
Payable to collaboration partner - related party 1,003 1,262
Accrued expenses and other payables 12,917 12,360
Deferred revenue - related party - current 17,230 17,738
Operating lease liability - current 1,355 1,256
Total current liabilities 35,360 35,406
Long-term debt, net   9,794
Deferred revenue - related party - noncurrent 16,784 23,792
Operating lease liability - noncurrent 5,259 5,961
Other liability - noncurrent 92  
Total liabilities 57,495 74,953
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.00001 par value, 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.00001 par value, 90,000,000 shares authorized; 36,802,139 and 27,217,649 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively
Additional paid-in capital 424,855 297,846
Accumulated other comprehensive loss (208) (221)
Accumulated deficit (257,162) (217,661)
Total stockholders' equity 167,485 79,964
Total liabilities and stockholders' equity $ 224,980 $ 154,917