XML 11 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 177,054 $ 133,517
Marketable securities 134,028 71,678
Restricted cash 3,832 3,832
Prepaid expenses and other current assets 6,349 4,488
Total current assets 321,263 213,515
Property and equipment, net 81,649 70,689
Operating lease right-of-use assets 71,565 74,903
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 7,078 6,370
TOTAL ASSETS 681,377 565,299
Current liabilities:    
Accounts payable 6,095 4,108
Accrued compensation 13,965 23,722
Accrued expenses and other current liabilities 19,674 23,462
Operating lease liabilities 13,167 13,195
Total current liabilities 52,901 64,487
Operating lease liabilities, net of current portion 92,922 90,901
Contingent consideration, net of current portion 114,990 109,606
Success payment liabilities 45,422 12,799
Total liabilities 306,235 277,793
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000 shares authorized; zero shares issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock, $0.0001 par value; 750,000 shares authorized; 221,286 and 197,857 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 22 20
Additional paid-in capital 1,820,701 1,625,637
Accumulated other comprehensive loss (15) (60)
Accumulated deficit (1,445,566) (1,338,091)
Total stockholders' equity 375,142 287,506
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 681,377 $ 565,299