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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 294,150 $ 523,506
Marketable securities 639,392 669,116
Accounts receivable ($0.3 million each period from related party) 4,906 3,768
Prepaid expenses and other current assets 25,223 20,407
Total current assets 963,671 1,216,797
Marketable securities - noncurrent 225,038 69,338
Property and equipment, net 31,606 27,921
Operating lease right-of-use assets 128,265 133,076
Equity method investment 28,389 32,455
Investments and other assets 40,920 40,527
Total Assets 1,417,889 1,520,114
Current Liabilities:    
Accounts payable 6,890 5,154
Accrued expenses ($0.7 million and $1.6 million from related party) 44,822 60,876
Current portion of operating lease liability 16,328 16,685
Current portion of deferred revenue ($11.4 million and $19.9 million from related party) 35,343 43,839
Total current liabilities 103,383 126,554
Deferred revenue, net of current portion 13,862 19,932
Long-term operating lease liability 109,801 114,018
Contingent consideration liability 0 24,026
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Common stock, $0.0001 par value; 120,000,000 shares authorized; 88,095,779 and 87,103,007 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 9 9
Additional paid-in capital 2,473,825 2,420,223
Accumulated other comprehensive loss (2,678) (7,461)
Accumulated deficit (1,280,313) (1,177,187)
Total stockholders’ equity 1,190,843 1,235,584
Total Liabilities and Stockholders’ Equity $ 1,417,889 $ 1,520,114