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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 108,522 $ 187,750
Marketable securities 75,513 59,622
Accounts receivable 11 262
Prepaid expenses and other current assets 2,496 6,447
Total current assets 186,542 254,081
Marketable securities 20,739 3,000
Property and equipment, net 19,327 20,626
Restricted cash 2,074 1,750
Operating lease right-of-use assets 56,948 55,673
Equity method investment 9,888  
Intangible assets, net 26,432 27,696
In-process research & development 36,550 39,295
Goodwill 18,541 22,441
Other assets 6,243 4,440
Total assets 383,284 429,002
Current liabilities:    
Accounts payable 5,511 3,995
Accrued and other current liabilities 13,867 15,674
Operating lease liabilities 4,194 3,045
Deferred revenue   95
Total current liabilities 23,572 22,809
Contingent value rights liability 29,327 13,780
Contingent consideration liability 4,670 1,800
Deferred tax liabilities 15,172 16,377
Operating lease liabilities, net of current maturities 40,763 38,709
Other long-term liabilities   905
Total liabilities 113,504 94,380
Commitments and contingencies (Note 10)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 10,000 shares authorized as of September 30, 2021 and December 31, 2020; no shares issued and outstanding at September 30, 2021 and December 31, 2020
Common stock, $0.0001 par value; 300,000 shares authorized as of September 30, 2021 and December 31, 2020; 44,830 and 42,282 shares issued and outstanding at September 30, 2021 and December 31, 2020 4 4
Additional paid-in capital 508,714 463,436
Accumulated deficit (239,311) (128,829)
Accumulated other comprehensive income 373 11
Total stockholders’ equity 269,780 334,622
Total liabilities and stockholders’ equity $ 383,284 $ 429,002