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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 188,517 $ 253,029
Marketable securities 323,861 297,967
Prepaid expenses and other current assets 10,842 7,105
Total current assets 523,220 558,101
Long-term marketable securities 145,014 195,881
Property and equipment, net 68,693 65,464
Operating lease right-of-use assets 97,145 96,320
Restricted cash 8,819 8,819
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 4,900 5,000
TOTAL ASSETS 1,047,613 1,129,407
Current liabilities:    
Accounts payable 4,765 2,219
Accrued compensation 16,889 21,131
Accrued expenses and other current liabilities 11,321 10,344
Operating lease liabilities 9,635 9,159
Contingent consideration 50,900 51,382
Success payment liabilities   5,000
Total current liabilities 93,510 99,235
Operating lease liabilities, net of current portion 102,518 101,784
Contingent consideration, net of current portion 102,315 102,361
Success payment liabilities, net of current portion 47,615 97,525
Total liabilities 345,958 400,905
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, 2022 and December 31, 2021, respectively
Common stock, $0.0001 par value; 750,000 shares authorized; 186,632 and 184,929 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 19 18
Additional paid-in capital 1,523,616 1,515,210
Accumulated other comprehensive loss (5,172) (1,366)
Accumulated deficit (816,808) (785,360)
Total stockholders' equity 701,655 728,502
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,047,613 $ 1,129,407