Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 117,699	$ 202,296
Restricted cash	3,000	500
Marketable securities	495,892	440,395
Accounts receivable, net of allowance for doubtful accounts of $110 and $60	21,359	31,423
Unbilled and other receivables, net for allowance for unbilled receivables of $20 and $0	4,545	3,955
Prepaid expenses	7,293	4,409
Total current assets	649,788	682,978
Property and equipment, net	6,985	5,140
Equity investments	49,713	45,664
Right of use assets	7,466	10,129
Other assets	3,382	2,352
Total assets	717,334	746,263
Current liabilities:
Accounts payable	5,960	8,398
Accrued payroll, taxes, and benefits	10,540	12,000
Deferred revenue	44,069	45,403
Lease liabilities	2,520	4,543
Other accrued liabilities	7,289	2,861
Total current liabilities	70,378	73,205
Deferred revenue, long-term	34,457	41,164
Lease liabilities, long-term	6,428	7,221
Other liabilities, long-term	300	654
Total liabilities	111,563	122,244
Commitments and contingencies (Note 5)
Stockholders' equity:
Preferred stock, $0.01 par value. Authorized 10,000,000 shares; zero shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively
Common stock	616	607
Additional paid-in capital	769,199	752,558
Accumulated deficit	(164,232)	(129,559)
Accumulated other comprehensive income	76	317
Total stockholders’ equity of Schrödinger stockholders	605,751	624,015
Noncontrolling interest	20	4
Total stockholders’ equity	605,771	624,019
Total liabilities and stockholders’ equity	717,334	746,263
Limited Common Stock
Stockholders' equity:
Common stock	92	92
Total stockholders’ equity	$ 92	$ 92