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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 298,843 $ 413,083
Short-term investments 902,149 1,078,257
Other current assets 24,792 16,643
Total current assets 1,225,784 1,507,983
Property and equipment, net 17,900 15,824
Long-term investment 1,882 8,218
Right-of-use asset 36,460 37,680
Other long-term assets 21,058 19,049
Total assets 1,303,084 1,588,754
Current liabilities    
Accounts payable 19,452 35,163
Accrued liabilities 107,534 108,495
Total current liabilities 126,986 143,658
Lease liability 44,093 45,879
Other liabilities 2,951 2,179
Total liabilities 174,030 191,716
Commitments and contingencies (see Note 9)
Shareholders' equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized; none issued and outstanding at both September 30, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 100,000,000 authorized; 57,568,769 and 55,356,904 issued and outstanding at September 30, 2022 and December 31, 2021, respectively 58 55
Additional paid-in capital 3,385,539 3,099,937
Accumulated other comprehensive (loss) income (6,129) 9,068
Accumulated deficit (2,250,414) (1,712,022)
Total shareholders' equity 1,129,054 1,397,038
Total liabilities and shareholders' equity $ 1,303,084 $ 1,588,754