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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 168,448 $ 176,765
Marketable securities 100,122 247,198
Restricted cash 3,832 6,100
Prepaid expenses and other current assets 7,120 14,374
Total current assets 279,522 444,437
Long-term marketable securities   10,051
Property and equipment, net 68,369 66,917
Operating lease right-of-use assets 77,235 92,486
Long-term restricted cash   4,408
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 6,492 4,599
TOTAL ASSETS 631,440 822,720
Current liabilities:    
Accounts payable 9,928 2,857
Accrued compensation 24,286 26,362
Accrued expenses and other current liabilities 18,940 14,547
Operating lease liabilities 13,490 12,393
Contingent consideration   55,345
Total current liabilities 66,644 111,504
Operating lease liabilities, net of current portion 83,374 95,860
Contingent consideration, net of current portion 103,156 95,034
Success payment liabilities 12,414 21,007
Total liabilities 265,588 323,405
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000 shares authorized; zero shares issued and outstanding as of September 30, 2023 and December 31, 2022
Common stock, $0.0001 par value; 750,000 shares authorized; 197,064 and 191,022 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 20 19
Additional paid-in capital 1,616,008 1,558,459
Accumulated other comprehensive loss (202) (4,327)
Accumulated deficit (1,249,974) (1,054,836)
Total stockholders' equity 365,852 499,315
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 631,440 $ 822,720