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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 68,395 $ 47,976
Marketable securities (Note 4) 338,771 394,442
Contract assets-due from related party 2,537 135
Prepaid expenses and other current assets 9,713 8,720
Total current assets 419,416 451,273
Marketable securities, non-current (Note 4) 152,328 125,187
Property and equipment, net (Note 6) 13,334 11,881
Right-of-use assets, operating leases 8,909 9,426
Other non-current assets 3,017 2,022
Restricted cash 6,130 6,116
Total assets 603,134 605,905
Current liabilities:    
Accounts payable 4,335 4,005
Accrued expenses (Note 8) 27,502 22,971
Deferred revenue 35,260 61,739
Operating lease liabilities 2,535 2,461
Finance lease liabilities 1,408 1,138
Other current liabilities 303 228
Total current liabilities 71,343 92,542
Non-current liabilities    
Deferred revenue, net of current portion 28,000 39,295
Operating lease liabilities, net of current portion 12,146 13,224
Finance lease liabilities, net of current portion 1,246 1,140
Other non-current liabilities 248 66
Total liabilities 112,983 146,267
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock, $0.0001 par value; 150,000,000 shares authorized at December 31, 2022 and 2021, 55,039,380 and 51,573,924 shares issued at December 31, 2022 and 2021, respectively; 55,039,380 and 51,536,181 shares outstanding at December 31, 2022 and 2021, respectively 6 5
Additional paid-in capital 878,884 689,275
Accumulated deficit (383,790) (228,982)
Accumulated other comprehensive loss (4,949) (660)
Total stockholders' equity 490,151 459,638
Total liabilities and stockholders' equity $ 603,134 $ 605,905