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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 347,815 $ 436,575
Short-term investments 217,182 300,286
Restricted cash and cash equivalents, current 8,594 7,993
Receivable from collaboration 773,079 0
Equity Investment Current 143,148 0
Prepaid expenses and other current assets 73,003 27,511
Total current assets 1,562,821 772,365
Intangible assets, net 33,287 33,820
Goodwill 16,937 16,937
Property and equipment, net 42,834 17,946
Operating right-of-use assets 87,220 61,947
Restricted cash and cash equivalents, noncurrent 7,006 6,919
Long-term investments 201,388 0
Other assets 2,775 8,827
TOTAL ASSETS 1,954,268 918,761
CURRENT LIABILITIES:    
Accounts payable 6,521 5,077
Accrued and other liabilities 236,512 76,936
Deferred revenue, current portion 98,209 6,451
Contingent consideration, current portion 0 10,600
Total current liabilities 341,242 99,064
Deferred revenue, noncurrent 3,815 3,815
Operating lease liabilities, noncurrent 133,561 66,556
Contingent consideration, noncurrent 22,822 25,374
Deferred tax liability 18,439 3,253
Other long-term liabilities 2,540 3,847
TOTAL LIABILITIES 522,419 201,909
Commitments and contingencies (Note 9)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2021 and 2020, respectively; no shares issued and outstanding as of December 31, 2021 and 2020 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of December 31, 2021 and 2020, respectively; 127,416,740 and 107,648,925 shares issued and outstanding as of December 31, 2021 and 2020, respectively 13 13
Additional paid-in capital 1,571,535 1,385,301
Accumulated other comprehensive loss (1,099) (1,278)
Accumulated deficit (138,600) (667,184)
TOTAL STOCKHOLDERS’ EQUITY 1,431,849 716,852
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,954,268 $ 918,761