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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING ACTIVITIES:    
Net loss $ (82,123) $ (31,448)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 4,346 3,614
Stock-based compensation expense 8,751 7,755
Change in the estimated fair value of contingent consideration 5,460 (528)
Change in the estimated fair value of success payment liabilities (5,340) (54,910)
Non-cash expense for operating lease right-of-use assets 3,354 2,606
Other non-cash items, net (2,913) (1,437)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (106) (3,191)
Operating lease right-of-use assets and liabilities (8) 372
Accounts payable (354) 1,917
Accrued expenses and other liabilities (10,339) (2,459)
Net cash used in operating activities (79,272) (77,709)
INVESTING ACTIVITIES:    
Purchases of marketable securities (20,431) (25,675)
Proceeds from maturities of marketable securities 85,334 45,753
Purchases of property and equipment (2,176) (7,533)
Net cash provided by investing activities 62,727 12,545
FINANCING ACTIVITIES:    
Proceeds from issuance of common stock, net 236 652
Net cash provided by financing activities 236 652
Net decrease in cash, cash equivalents, and restricted cash (16,309) (64,512)
Cash, cash equivalents, and restricted cash at beginning of period 187,273 261,848
Cash, cash equivalents, and restricted cash at end of period 170,964 197,336
SUPPLEMENTAL CASH FLOW INFORMATION:    
Operating lease right-of-use assets obtained in exchange for lease obligations 8,984 3,431
Purchases of property and equipment included in accounts payable and accrued liabilities $ 968 3,425
Cash received for amounts related to tenant improvement allowances   $ 541