XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 171,979 $ 226,748
Marketable securities 619,315 685,475
Accounts receivable 36,427 36,456
Prepaid expenses and other current assets 56,322 49,651
Total current assets 884,043 998,330
Marketable securities - noncurrent 162,090 99,864
Property and equipment, net 32,075 32,760
Operating lease right-of-use assets 110,424 115,375
Equity method investment 0 11,765
Investments and other assets 70,957 42,883
Total assets 1,259,589 1,300,977
Current liabilities:    
Accounts payable 13,689 7,452
Accrued expenses 43,276 67,017
Current portion of operating lease liability 18,763 18,599
Current portion of deferred revenue 22,184 22,140
Total current liabilities 97,912 115,208
Deferred revenue, net of current portion 33,440 38,853
Long-term operating lease liability 92,100 96,747
Total liabilities 223,452 250,808
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock, $0.0001 par value; 240,000,000 shares authorized at March 31, 2024 and December 31, 2023; 96,333,373 and 92,997,158 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 10 9
Additional paid-in capital 2,802,889 2,710,797
Accumulated other comprehensive loss (947) (2,258)
Accumulated deficit (1,765,815) (1,658,379)
Total stockholders’ equity 1,036,137 1,050,169
Total liabilities and stockholders' equity $ 1,259,589 $ 1,300,977