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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 173,787 $ 176,765
Marketable securities 152,128 247,198
Restricted cash 6,100 6,100
Prepaid expenses and other current assets 6,606 14,374
Total current assets 338,621 444,437
Long-term marketable securities   10,051
Property and equipment, net 62,654 66,917
Operating lease right-of-use assets 94,715 92,486
Long-term restricted cash 4,408 4,408
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 6,927 4,599
TOTAL ASSETS 707,147 822,720
Current liabilities:    
Accounts payable 3,089 2,857
Accrued compensation 19,669 26,362
Accrued expenses and other current liabilities 18,040 14,547
Operating lease liabilities 12,890 12,393
Contingent consideration 58,417 55,345
Total current liabilities 112,105 111,504
Operating lease liabilities, net of current portion 100,245 95,860
Contingent consideration, net of current portion 103,317 95,034
Success payment liabilities, net of current portion 36,451 21,007
Total liabilities 352,118 323,405
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000 shares authorized; zero shares issued and outstanding as of June 30, 2023 and December 31, 2022
Common stock, $0.0001 par value; 750,000 shares authorized; 196,880 and 191,022 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 20 19
Additional paid-in capital 1,606,832 1,558,459
Accumulated other comprehensive loss (865) (4,327)
Accumulated deficit (1,250,958) (1,054,836)
Total stockholders' equity 355,029 499,315
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 707,147 $ 822,720