XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 334,736 $ 160,020
Marketable securities 463,531 437,351
Accounts receivable ($0.2 million and $0 million from related party) 2,491 2,130
Prepaid expenses and other current assets 14,016 17,016
Total current assets 814,774 616,517
Marketable securities - noncurrent 350,451  
Property and equipment, net 19,946 15,943
Operating lease right-of-use assets 81,788 39,114
Equity method investment 62,837  
Other assets 5,165 4,748
Total Assets 1,334,961 676,322
Current Liabilities:    
Accounts payable 7,470 10,460
Accrued expenses 24,633 25,554
Current portion of operating lease liability 8,705 5,696
Current portion of deferred revenue ($34.2 million and $0 million from related party) 56,759 22,544
Total current liabilities 97,567 64,254
Deferred revenue, net of current portion ($28.5 million and $0 million from related party) 63,023 51,387
Long-term operating lease liability 67,273 33,609
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Common stock, $0.0001 par value; 120,000,000 shares authorized; 74,342,178 and 66,234,056 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 7 7
Additional paid-in capital 1,729,029 962,173
Accumulated other comprehensive (loss)/income (174) 1
Accumulated deficit (621,764) (435,109)
Total stockholders’ equity 1,107,098 527,072
Total Liabilities and Stockholders’ Equity $ 1,334,961 $ 676,322