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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 217,431,000 $ 53,774,000
Short-term investments 0 208,614,000
Prepaid expenses and other current assets 2,133,000 4,189,000
Total current assets 219,564,000 266,577,000
Property and equipment, net 37,002,000 42,716,000
Right-of-use assets 5,897,000  
Restricted cash 1,274,000 1,274,000
Total assets 263,737,000 310,567,000
Current liabilities:    
Accounts payable 4,722,000 2,608,000
Accrued expenses and other liabilities 9,803,000 7,644,000
Operating lease liabilities 2,501,000  
Deferred rent   1,313,000
Deferred revenue 5,632,000 809,000
Total current liabilities 22,658,000 12,374,000
Non-current liabilities:    
Operating lease liabilities, net of current portion 12,941,000  
Deferred rent, net of current portion   9,544,000
Deferred revenue, net of current portion 32,143,000 30,142,000
Total liabilities 67,742,000 52,060,000
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized as of December 31, 2020 and 2019, respectively; no shares issued and outstanding at December 31, 2020 and 2019, respectively
Common stock, $0.0001 par value; 200,000,000 shares authorized as of December 31, 2020 and 2019, respectively; 50,268,666 and 45,138,408 shares issued as of December 31, 2020 and 2019, respectively; and 50,265,575 and 45,116,742 shares outstanding as of December 31, 2020 and 2019, respectively 5,000 4,000
Additional paid-in capital 524,358,000 457,994,000
Accumulated other comprehensive gain   183,000
Accumulated deficit (328,368,000) (199,674,000)
Total stockholders’ equity 195,995,000 258,507,000
Total liabilities and stockholders' equity $ 263,737,000 $ 310,567,000