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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 133,517 $ 176,765
Marketable securities 71,678 247,198
Restricted cash 3,832 6,100
Prepaid expenses and other current assets 4,488 14,374
Total current assets 213,515 444,437
Long-term marketable securities   10,051
Property and equipment, net 70,689 66,917
Operating lease right-of-use assets 74,903 92,486
Long-term restricted cash   4,408
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 6,370 4,599
TOTAL ASSETS 565,299 822,720
Current liabilities:    
Accounts payable 4,108 2,857
Accrued compensation 23,722 26,362
Accrued expenses and other current liabilities 23,462 14,547
Operating lease liabilities 13,195 12,393
Contingent consideration   55,345
Total current liabilities 64,487 111,504
Operating lease liabilities, net of current portion 90,901 95,860
Contingent consideration, net of current portion 109,606 95,034
Success payment liabilities 12,799 21,007
Total liabilities 277,793 323,405
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000 shares authorized; zero shares issued and outstanding as of December 31, 2023 and December 31, 2022
Common stock, $0.0001 par value; 750,000 shares authorized; 197,857 and 191,022 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 20 19
Additional paid-in capital 1,625,637 1,558,459
Accumulated other comprehensive loss (60) (4,327)
Accumulated deficit (1,338,091) (1,054,836)
Total stockholders' equity 287,506 499,315
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 565,299 $ 822,720