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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 248,600 $ 193,018
Marketable securities 741,318 372,670
Prepaid expenses and other current assets 8,740 12,329
Total current assets 998,658 578,017
Marketable securities 39,863 52,269
Property and equipment, net 28,323 28,449
Operating lease assets 22,204 23,251
Restricted cash 1,867 4,200
Other long-term assets 2,797 2,733
Total assets 1,093,712 688,919
Current liabilities:    
Accounts payable 14,971 11,298
Accrued expenses and other current liabilities 42,264 28,803
Operating lease liabilities, current portion 2,785 2,437
Total current liabilities 60,020 42,538
Operating lease liabilities, net of current portion 31,948 34,110
Financing liability, related party (Notes 5 and 7) 31,687 16,770
2027 convertible senior notes, net (Note 6) 335,006  
Financing liability (Notes 5 and 7) 31,687 16,770
Other long-term liabilities 2 2
Total liabilities 490,350 110,190
Commitments and contingencies (Notes 13 and 14)
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2022 and December 31, 2021
Common stock, $0.0001 par value: 500,000,000 shares authorized; 156,243,808 and 147,719,523 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 16 15
Additional paid-in capital 1,473,099 1,195,944
Accumulated other comprehensive income (loss) 5,194 (986)
Accumulated deficit (874,947) (616,244)
Total stockholders’ equity 603,362 578,729
Total liabilities and stockholders’ equity $ 1,093,712 $ 688,919