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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 94,841 $ 163,030
Short term investments 11,703 18,311
Prepaid expenses and other current assets 9,537 13,423
Total current assets 116,081 194,764
Property and equipment, net 24,306 22,985
Operating lease assets 108,914 110,984
Restricted cash 8,185 8,185
Restricted investments 1,401 1,401
Other non-current assets 11,307 10,465
Total assets 270,194 348,784
Current liabilities:    
Accounts payable 12,297 17,440
Accrued expenses and other current liabilities [1] 44,361 59,840
Operating lease liabilities 4,784 3,601
Short term portion of note payable, net of discount 0 456
Deferred revenue - related party 2,376 4,259
Total current liabilities 63,818 85,596
Long term portion of note payable, net of discount 51,234 50,591
Operating lease liabilities, net of current portion 106,692 107,942
Deferred revenue, net of current portion - related party 94,835 92,430
Other long-term liabilities 1,486 1,442
Total liabilities 318,065 338,001
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2023 and December 31, 2022; no shares issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2023 and December 31, 2022; 126,592,604 and 125,222,273 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 127 125
Additional paid-in capital 887,685 875,181
Accumulated other comprehensive loss 2 (12)
Accumulated deficit (935,685) (864,511)
Total stockholders' (deficit) equity (47,871) 10,783
Total liabilities and stockholders' (deficit) equity $ 270,194 $ 348,784
[1] Includes related party amounts of $24,958 and $34,770 at March 31, 2023 and December 31, 2022, respectively (see Note 11)