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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 168,350 $ 241,576
Short-term investments 740,607 1,270,980
Restricted cash and cash equivalents, current 89,598 13,268
Equity investments 5,517 9,853
Prepaid expenses and other current assets 43,085 52,549
Total current assets 1,047,157 1,588,226
Intangible assets, net 19,258 22,565
Goodwill 16,938 16,937
Property and equipment, net 64,791 96,018
Operating lease right-of-use assets 60,779 71,182
Restricted cash and cash equivalents, noncurrent 6,382 6,448
Long-term investments 271,495 105,275
Other assets 11,556 12,409
TOTAL ASSETS 1,498,356 1,919,060
CURRENT LIABILITIES:    
Accounts payable 7,305 6,334
Accrued and other liabilities 94,658 104,220
Deferred revenue, current 15,198 64,853
Total current liabilities 117,161 175,407
Operating lease liabilities, noncurrent 93,405 111,673
Contingent consideration, noncurrent 33,170 25,960
Other long-term liabilities 13,893 15,784
TOTAL LIABILITIES 257,629 328,824
Commitments and contingencies (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of September 30, 2024 and December 31, 2023; no shares issued and outstanding as of September 30, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 136,706,350 and 134,781,286 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 14 13
Additional paid-in capital 1,894,781 1,828,862
Accumulated other comprehensive gain (loss) 1,127 (815)
Accumulated deficit (655,195) (237,824)
TOTAL STOCKHOLDERS’ EQUITY 1,240,727 1,590,236
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,498,356 $ 1,919,060