CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 402,438	$ 543,064
Marketable securities	1,734,733	1,746,235
Prepaid expenses and other current assets	39,268	38,333
Total current assets	2,176,439	2,327,632
Property and equipment, net	33,049	24,289
Operating lease right-of-use asset	114,000	117,534
Intangible assets, net	56,136	56,670
Goodwill	14,608	14,608
Restricted cash	3,916	3,698
Other noncurrent assets	31,420	13,870
Total assets	2,429,568	2,558,301
Current liabilities:
Accounts payable	56,761	54,427
Accrued expenses and other current liabilities	114,685	96,615
Operating lease liability, current	13,088	12,872
Total current liabilities	184,534	163,914
Deferred tax liability	2,353	2,353
Operating lease liability, noncurrent	119,699	122,971
Liability related to the sale of future royalties	245,081	0
Warrant liability	5,328	3,189
Other noncurrent liabilities	7,204	670
Total liabilities	564,199	293,097
Commitments and contingencies (Note 7)
Stockholders' equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at June 30, 2025 and December 31, 2024, respectively; none issued and outstanding at June 30, 2025 and December 31, 2024, respectively	0	0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of June 30, 2025 and December 31, 2024, respectively; 186,901,268 and 185,896,625 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively	18	18
Additional paid-in capital	4,063,053	4,001,666
Accumulated other comprehensive income	1,302	1,321
Accumulated deficit	(2,199,004)	(1,737,801)
Total stockholders' equity	1,865,369	2,265,204
Total liabilities and stockholders' equity	$ 2,429,568	$ 2,558,301