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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 160,711 $ 241,576
Short-term investments 985,125 1,270,980
Restricted cash and cash equivalents, current 13,335 13,268
Equity investments 3,927 9,853
Prepaid expenses and other current assets 49,999 52,549
Total current assets 1,213,097 1,588,226
Intangible assets, net 22,465 22,565
Goodwill 16,937 16,937
Property and equipment, net 92,477 96,018
Operating lease right-of-use assets 70,346 71,182
Restricted cash and cash equivalents, noncurrent 6,428 6,448
Long-term investments 359,724 105,275
Other assets 12,495 12,409
TOTAL ASSETS 1,793,969 1,919,060
CURRENT LIABILITIES:    
Accounts payable 7,114 6,334
Accrued and other liabilities 72,260 104,220
Deferred revenue, current 14,694 64,853
Total current liabilities 94,068 175,407
Deferred revenue, noncurrent 1,526 1,526
Operating lease liabilities, noncurrent 109,171 111,673
Contingent consideration, noncurrent 27,610 25,960
Other long-term liabilities 14,238 14,258
TOTAL LIABILITIES 246,613 328,824
Commitments and contingencies (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023; no shares issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 135,843,560 and 134,781,286 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 14 13
Additional paid-in capital 1,852,839 1,828,862
Accumulated other comprehensive loss (2,397) (815)
Accumulated deficit (303,100) (237,824)
TOTAL STOCKHOLDERS’ EQUITY 1,547,356 1,590,236
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,793,969 $ 1,919,060