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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 176,765 $ 253,029
Marketable securities 247,198 297,967
Restricted cash 6,100  
Prepaid expenses and other current assets 14,374 7,105
Total current assets 444,437 558,101
Long-term marketable securities 10,051 195,881
Property and equipment, net 66,917 65,464
Operating lease right-of-use assets 92,486 96,320
Long-term restricted cash 4,408 8,819
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 4,599 5,000
TOTAL ASSETS 822,720 1,129,407
Current liabilities:    
Accounts payable 2,857 2,219
Accrued compensation 26,362 21,131
Accrued expenses and other current liabilities 14,547 10,344
Operating lease liabilities 12,393 9,159
Contingent consideration 55,345 51,382
Success payment liabilities   5,000
Total current liabilities 111,504 99,235
Operating lease liabilities, net of current portion 95,860 101,784
Contingent consideration, net of current portion 95,034 102,361
Success payment liabilities, net of current portion 21,007 97,525
Total liabilities 323,405 400,905
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000 shares authorized; zero shares issued and outstanding as of December 31, 2022 and 2021, respectively
Common stock, $0.0001 par value; 750,000 shares authorized; 191,022 and 184,929 shares issued and outstanding as of December 31, 2022 and 2021, respectively 19 18
Additional paid-in capital 1,558,459 1,515,210
Accumulated other comprehensive loss (4,327) (1,366)
Accumulated deficit (1,054,836) (785,360)
Total stockholders' equity 499,315 728,502
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 822,720 $ 1,129,407