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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 812,355 $ 347,815
Short-term investments 399,829 217,182
Restricted cash and cash equivalents, current 14,402 8,594
Receivable from collaboration 1,223,161 773,079
Equity Investments 47,890 143,148
Prepaid expenses and other current assets 69,911 73,003
Total current assets 2,567,548 1,562,821
Intangible assets, net 33,154 33,287
Goodwill 16,937 16,937
Property and equipment, net 65,583 42,834
Operating right-of-use assets 88,331 87,220
Restricted cash and cash equivalents, noncurrent 9,040 7,006
Long-term investments 103,535 201,388
Other assets 3,001 2,775
TOTAL ASSETS 2,887,129 1,954,268
CURRENT LIABILITIES:    
Accounts payable 10,955 6,521
Accrued and other liabilities 577,669 236,512
Deferred revenue, current portion 113,737 98,209
Contingent consideration, current portion 0 0
Total current liabilities 702,361 341,242
Deferred revenue, noncurrent 5,865 3,815
Operating lease liabilities, noncurrent 132,813 133,561
Contingent consideration, noncurrent 18,891 22,822
Deferred tax liability 18,439 18,439
Other long-term liabilities 7,746 2,540
TOTAL LIABILITIES 886,115 522,419
Commitments and contingencies (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2022 and December 31, 2021; no shares issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of March 31, 2022 and December 31, 2021, respectively; 132,353,441 and 131,161,404 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 13 13
Additional paid-in capital 1,625,785 1,571,535
Accumulated other comprehensive loss (4,805) (1,099)
Retained earnings (accumulated deficit) 380,021 (138,600)
TOTAL STOCKHOLDERS’ EQUITY 2,001,014 1,431,849
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,887,129 $ 1,954,268