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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 160,456 $ 176,765
Marketable securities 188,850 247,198
Restricted cash 6,100 6,100
Prepaid expenses and other current assets 14,502 14,374
Total current assets 369,908 444,437
Long-term marketable securities 5,825 10,051
Property and equipment, net 64,260 66,917
Operating lease right-of-use assets 98,116 92,486
Long-term restricted cash 4,408 4,408
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 4,589 4,599
TOTAL ASSETS 746,928 822,720
Current liabilities:    
Accounts payable 2,334 2,857
Accrued compensation 17,029 26,362
Accrued expenses and other current liabilities 13,298 14,547
Operating lease liabilities 12,892 12,393
Contingent consideration 57,224 55,345
Total current liabilities 102,777 111,504
Operating lease liabilities, net of current portion 101,607 95,860
Contingent consideration, net of current portion 98,615 95,034
Success payment liabilities, net of current portion 15,667 21,007
Total liabilities 318,666 323,405
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000 shares authorized; zero shares issued and outstanding as of March 31, 2023 and December 31, 2022
Common stock, $0.0001 par value; 750,000 shares authorized; 191,409 and 191,022 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 19 19
Additional paid-in capital 1,567,341 1,558,459
Accumulated other comprehensive loss (2,139) (4,327)
Accumulated deficit (1,136,959) (1,054,836)
Total stockholders' equity 428,262 499,315
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 746,928 $ 822,720