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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 258,718 $ 235,260
Short-term investments 717,716 848,577
Accounts receivable, net 14,651 865
Inventory 20,156 3,020
Other current assets 24,839 21,239
Total current assets 1,036,080 1,108,961
Property and equipment, net 16,046 17,540
Intangible asset, net 14,138 14,914
Long-term investment 3,559 3,465
Right-of-use asset 35,066 36,122
Other long-term assets 24,819 21,645
Total assets 1,129,708 1,202,647
Current liabilities    
Accounts payable 37,961 38,861
Accrued liabilities 99,418 120,587
Total current liabilities 137,379 159,448
Lease liability 42,203 43,661
Other liabilities 3,661 3,022
Total liabilities 183,243 206,131
Commitments and contingencies (see Note 11)
Shareholders' equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized; none issued and outstanding at both September 30, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value; 100,000,000 authorized; 70,111,309 and 57,854,559 issued and outstanding at September 30, 2023 and December 31, 2022, respectively 70 58
Additional paid-in capital 3,924,237 3,453,066
Accumulated other comprehensive loss (1,550) (3,719)
Accumulated deficit (2,976,292) (2,452,889)
Total shareholders' equity 946,465 996,516
Total liabilities and shareholders' equity $ 1,129,708 $ 1,202,647