XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 147,914 $ 173,415
Short-term investments 351,394 555,231
Receivable from collaboration partners ($744,535 and $943 from a related party) 744,595 1,049
Accrued interest receivable 2,227 649
Prepaid expenses and other current assets 15,620 5,471
Total current assets 1,261,750 735,815
Long-term investments 181,990 6,440
Property and equipment, net 32,455 10,807
Right-of-use assets 104,968 12,781
Restricted cash 3,005 203
Other long-term assets 7,730 6,246
Total assets 1,591,898 772,292
Current liabilities:    
Accounts payable 10,261 15,682
Accrued research and development 29,587 18,307
Other accrued liabilities 24,181 9,543
Deferred revenue, current ($96,981 and $67,571 to a related party) 102,003 74,571
Other current liabilities 52 3,566
Total current liabilities 166,084 121,669
Deferred revenue, noncurrent ($462,217 and $127,511 to a related party) 462,217 132,533
Operating lease liabilities, noncurrent 116,887 15,243
Other long-term liabilities 5,260 543
Total liabilities 750,448 269,988
Commitments (Note 12)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized as of December 31, 2021 and 2020; no shares issued and outstanding as of December 31, 2021 and 2020 0 0
Common stock, $0.0001 par value, 400,000,000 shares authorized as of December 31, 2021 and 2020; 70,781,736 and 65,114,685 shares issued and outstanding as of December 31, 2021 and 2020, respectively.Shares outstanding incudes 9,946 and 2020, respectively. Shares outstanding incudes 9,946 and 1,422,784 shares issued but subject to vesting as of December 31, 2021and 2020, respectively. 7 6
Additional paid-in capital 1,118,058 830,438
Accumulated deficit (275,354) (328,184)
Accumulated other comprehensive income (loss) (1,261) 44
Total stockholders’ equity 841,450 502,304
Total liabilities and stockholders’ equity $ 1,591,898 $ 772,292