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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 155,658 $ 47,976
Marketable securities (Note 4) 326,250 394,442
Contract assets 2,882 135
Prepaid expenses and other current assets 9,232 8,720
Total current assets 494,022 451,273
Marketable securities, non-current (Note 4) 113,701 125,187
Property and equipment, net (Note 6) 12,569 11,881
Right-of-use assets, operating leases 9,048 9,426
Other non-current assets 3,016 2,022
Restricted cash 6,116 6,116
Total assets 638,472 605,905
Current liabilities:    
Accounts payable 6,327 4,005
Accrued expenses (Note 8) 24,692 22,971
Deferred revenue 55,776 61,739
Operating lease liabilities 2,516 2,461
Finance lease liabilities 1,103 1,138
Other current liabilities 710 228
Total current liabilities 91,124 92,542
Non-current liabilities    
Deferred revenue, net of current portion 21,086 39,295
Operating lease liabilities, net of current portion 12,431 13,224
Finance lease liabilities, net of current portion 690 1,140
Other non-current liabilities 256 66
Total liabilities 125,587 146,267
Stockholders’ equity:    
Common stock, $0.0001 par value; 150,000,000 shares authorized as of September 30, 2022 and December 31 2021, 54,751,429 and 51,573,924 shares issued at September 30, 2022 and December 31, 2021, respectively; 54,751,429 and 51,536,181 shares outstanding at September 30, 2022 and December 31, 2021, respectively 6 5
Additional paid-in capital 867,717 689,275
Accumulated deficit (348,925) (228,982)
Accumulated other comprehensive loss (5,913) (660)
Total stockholders’ equity 512,885 459,638
Total liabilities and stockholders’ equity $ 638,472 $ 605,905