XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 593,371 $ 620,129
Accounts receivable, net 105,515 114,042
Prepaid expenses and other current assets 8,537 8,689
Restricted cash 1,250 1,250
Convertible note hedges 1,428 1,115
Total current assets 710,101 745,225
Restricted cash, net of current portion 485 485
Accounts receivable, net of current portion 14,143 23,998
Property and equipment, net 7,229 7,575
Operating lease right-of-use assets 15,028 15,350
Deferred tax assets 335,440 333,294
Other assets 955 1,000
Total assets 1,083,381 1,126,927
Current liabilities:    
Accounts payable 532 935
Accrued research and development costs 5,442 15,896
Accrued expenses and other current liabilities 16,852 23,566
Current portion of operating lease liabilities 3,097 3,127
Current portion of convertible senior notes 120,581 116,858
Note hedge warrants 899 1,316
Total current liabilities 147,403 161,698
Convertible senior notes, net of current portion 395,053 337,333
Operating lease obligations, net of current portion 18,031 18,484
Other liabilities 5,111 3,501
Commitments and contingencies
Stockholders' equity:    
Class A Common Stock, $0.001 par value, 500,000,000 shares authorized and 155,115,155 shares issued and outstanding at March 31, 2022 and 500,000,000 shares authorized and 162,036,461 shares issued and outstanding at December 31, 2021 155 162
Additional paid-in capital 1,350,268 1,543,357
Accumulated deficit (832,640) (937,608)
Total stockholders' equity 517,783 605,911
Total liabilities and stockholders' equity $ 1,083,381 $ 1,126,927