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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 120,495 $ 226,748
Marketable securities 537,619 685,475
Accounts receivable 8,854 36,456
Prepaid expenses and other current assets 43,934 49,651
Total current assets 710,902 998,330
Marketable securities - noncurrent 286,567 99,864
Property and equipment, net 28,763 32,760
Operating lease right-of-use assets 100,331 115,375
Equity method investment 0 11,765
Investments and other assets 46,788 42,883
Total assets 1,173,351 1,300,977
Current liabilities:    
Accounts payable 13,145 7,452
Accrued expenses 51,206 67,017
Current portion of operating lease liability 19,177 18,599
Current portion of deferred revenue 22,155 22,140
Total current liabilities 105,683 115,208
Deferred revenue, net of current portion 22,607 38,853
Long-term operating lease liability 82,446 96,747
Total liabilities 210,736 250,808
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock, $0.0001 par value; 240,000,000 shares authorized at September 30, 2024 and December 31, 2023; 101,796,365 and 92,997,158 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 10 9
Additional paid-in capital 3,007,810 2,710,797
Accumulated other comprehensive income (loss) 3,297 (2,258)
Accumulated deficit (2,048,502) (1,658,379)
Total stockholders’ equity 962,615 1,050,169
Total liabilities and stockholders' equity $ 1,173,351 $ 1,300,977