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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 248,127 $ 108,382
Short-term investments 7,999 47,491
Assets held for sale 28,907
Prepaid expenses and other current assets 6,322 7,129
Total current assets 262,448 191,909
Equity method investment 30,639
Property and equipment, net 1,986 2,252
Right-of-use assets 15,609 15,607
Restricted cash 276 1,953
Total assets 310,958 211,721
Current liabilities:    
Accounts payable 9,885 2,366
Accrued expenses and other liabilities 6,307 11,406
Accrued income taxes 967
Operating lease liabilities 435 246
Deferred revenue 3,208 3,208
Total current liabilities 20,802 17,226
Non-current liabilities:    
Operating lease liabilities, net of current portion 23,548 23,688
Deferred revenue, net of current portion 354 1,156
Total liabilities 44,704 42,070
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2022 and December 31, 2021
Common stock, $0.0001 par value; 200,000,000 shares authorized; 57,385,578 and 57,150,274 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 6 6
Additional paid-in capital 598,275 593,784
Accumulated other comprehensive loss (7)
Accumulated deficit (332,027) (424,132)
Total stockholders’ equity 266,254 169,651
Total liabilities and stockholders' equity $ 310,958 $ 211,721