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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 178,003 $ 53,774
Short-term investments   208,614
Prepaid expenses and other current assets 3,252 4,189
Total current assets 181,255 266,577
Property and equipment, net 39,684 42,716
Right-of-use assets 6,149  
Restricted cash 1,274 1,274
Total assets 228,362 310,567
Current liabilities:    
Accounts payable 3,316 2,608
Accrued expenses and other liabilities 8,426 7,644
Operating lease liabilities 2,497  
Deferred rent   1,313
Deferred revenue 2,939 809
Total current liabilities 17,178 12,374
Non-current liabilities:    
Operating lease liabilities, net of current portion 13,540  
Deferred rent, net of current portion   9,544
Deferred revenue, net of current portion 27,422 30,142
Total liabilities 58,140 52,060
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.0001 par value; 200,000,000 shares authorized; 45,263,849 and 45,138,408 shares issued as of September 30, 2020 and December 31, 2019, respectively; and 45,259,747 and 45,116,742 shares outstanding as of September 30, 2020 and December 31, 2019, respectively 4 4
Additional paid-in capital 468,795 457,994
Accumulated other comprehensive gain   183
Accumulated deficit (298,577) (199,674)
Total stockholders’ equity 170,222 258,507
Total liabilities and stockholders' equity $ 228,362 $ 310,567