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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 112,146 $ 240,420
Marketable securities, short-term 227,778 135,412
Accounts receivable 524 1,153
Contract assets 2,093 1,488
Other receivables 3,094 5,483
Prepaid expenses and other current assets 7,293 7,236
Total current assets 352,928 391,192
NON-CURRENT ASSETS    
Investments in equity securities 7,728 7,626
Marketable securities, long-term 26,152 37,676
Property and equipment, net 8,006 4,887
Operating lease, right of use assets 25,250 0
Other assets 1,303 975
TOTAL ASSETS 421,367 442,356
CURRENT LIABILITIES    
Accounts payable 426 3,990
Accrued expenses and other current liabilities 14,910 13,136
Lease liabilities 877 0
Deferred revenue ($150 and $0 from related party, respectively) 12,642 8,703
Total current liabilities 28,855 25,829
LONG-TERM LIABILITIES    
Deferred revenue, net of current portion ($0 and $100 from related party, respectively) 15,626 22,032
Deferred rent and lease incentive liability 0 2,097
MSKCC success payments liability 1,432 4,080
Lease liabilities, non-current 27,090 0
Other liabilities 0 17
Deferred tax liabilities 475 476
Total liabilities 73,478 54,531
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' EQUITY    
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized at June 30, 2022 and December 31, 2021; no shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 0 0
Common stock, par value $0.0001 per share, 300,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; 60,838,370 and 60,263,158 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 6 6
Additional paid-in-capital 493,043 485,748
Accumulated other comprehensive loss (1,581) (135)
Accumulated deficit (143,579) (97,794)
Total stockholders' equity 347,889 387,825
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 421,367 $ 442,356