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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 147,781 $ 123,406
Marketable securities 726,494 625,282
Accounts receivable ($0 million and $0.1 million respectively from related party) 2,854 2,031
Prepaid expenses and other current assets 18,304 18,584
Total current assets 895,433 769,303
Marketable securities - noncurrent 32,604 337,361
Property and equipment, net 25,868 20,968
Operating lease right-of-use assets 73,775 79,143
Equity method investment 45,616 58,131
Investments and other assets ($10.0 million at the end of each period from related party) 37,128 29,558
Total Assets 1,110,424 1,294,464
Current Liabilities:    
Accounts payable 7,515 9,653
Accrued expenses ($0.1 million and $0 million respectively from related party) 44,871 43,309
Current portion of operating lease liability 9,568 9,112
Current portion of deferred revenue ($39.3 million at the end of each period from related party) 61,806 63,759
Total current liabilities 123,760 125,833
Deferred revenue, net of current portion ($2.9million and $ 19.9million respectively from related party) 35,330 63,476
Long-term operating lease liability 59,997 64,911
Other long-term liabilities 10,790 0
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Common stock, $0.0001 par value; 120,000,000 shares authorized; 76,000,745 and 74,485,883 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 8 7
Additional paid-in capital 1,840,644 1,745,870
Accumulated other comprehensive loss (9,554) (2,632)
Accumulated deficit (950,551) (703,001)
Total stockholders’ equity 880,547 1,040,244
Total Liabilities and Stockholders’ Equity $ 1,110,424 $ 1,294,464