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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 130,272 $ 88,915
Prepaid expenses and other current assets 4,405 4,843
Total current assets 134,677 93,758
Property and equipment, net 30,885 31,410
Restricted cash, net of current portion 4,170 4,170
Operating right-of-use assets 21,767 22,003
Total assets 191,499 151,341
Current liabilities:    
Accounts payable 2,162 2,018
Accrued expenses 6,805 8,870
Deferred revenue 4,345 5,281
Operating lease liabilities 2,230 1,482
Total current liabilities 15,542 17,651
Long-term liabilities:    
Deferred revenue, net of current portion 46,008 57,416
Note payable, net of discount 25,095 24,960
Operating lease liabilities, net of current portion 35,931 36,540
Other long-term liabilities 207 207
Total liabilities 122,783 136,774
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.0001 par value; 150,000,000 shares authorized as of March 31, 2021 and December 31, 2020; 21,996,886 and 18,787,579 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 2 2
Additional paid-in capital 367,112 302,655
Accumulated deficit (298,398) (288,090)
Total stockholders’ equity 68,716 14,567
Total liabilities and stockholders’ equity $ 191,499 $ 151,341