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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 50,152 $ 68,395
Marketable securities (Note 4) 346,725 338,771
Contract assets 3,320 2,537
Prepaid expenses and other current assets 11,353 9,713
Total current assets 411,550 419,416
Marketable securities, non-current (Note 4) 119,017 152,328
Property and equipment, net (Note 6) 17,432 13,334
Right-of-use assets, operating leases 56,604 8,909
Other non-current assets 3,155 3,017
Restricted cash 6,147 6,130
Total assets 613,905 603,134
Current liabilities:    
Accounts payable 6,483 4,335
Accrued expenses (Note 8) 18,502 27,502
Deferred revenue 32,248 35,260
Operating lease liabilities 2,554 2,535
Finance lease liabilities 1,339 1,408
Other current liabilities 807 303
Total current liabilities 61,933 71,343
Non-current liabilities    
Deferred revenue, net of current portion 24,866 28,000
Operating lease liabilities, net of current portion 63,875 12,146
Finance lease liabilities, net of current portion 989 1,246
Other non-current liabilities 237 248
Total liabilities 151,900 112,983
Stockholders’ equity:    
Common stock, $0.0001 par value; 150,000,000 shares authorized at March 31, 2023 and December 31, 2022, 55,276,226 and 55,039,380 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 6 6
Additional paid-in capital 889,755 878,884
Accumulated deficit (424,718) (383,790)
Accumulated other comprehensive loss (3,038) (4,949)
Total stockholders’ equity 462,005 490,151
Total liabilities and stockholders’ equity $ 613,905 $ 603,134