XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 81,051 $ 68,395
Marketable securities (Note 4) 276,774 338,771
Contract assets 3,778 2,537
Prepaid expenses and other current assets 14,091 9,713
Total current assets 375,694 419,416
Marketable securities, non-current (Note 4) 76,988 152,328
Property and equipment, net (Note 6) 36,145 13,334
Right-of-use assets, operating leases 54,955 8,909
Other non-current assets 2,802 3,017
Restricted cash 5,794 6,130
Total assets 552,378 603,134
Current liabilities:    
Accounts payable 4,978 4,335
Accrued expenses (Note 8) 26,383 27,502
Deferred revenue 27,352 35,260
Operating lease liabilities 2,585 2,535
Finance lease liabilities 1,010 1,408
Other current liabilities 858 303
Total current liabilities 63,166 71,343
Non-current liabilities    
Deferred revenue, net of current portion 16,421 28,000
Operating lease liabilities, net of current portion 76,605 12,146
Finance lease liabilities, net of current portion 643 1,246
Other non-current liabilities 8 248
Total liabilities 156,843 112,983
Stockholders’ equity:    
Common stock, $0.0001 par value; 150,000,000 shares authorized at September 30, 2023 and December 31, 2022, 55,450,239 and 55,039,380 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 6 6
Additional paid-in capital 914,363 878,884
Accumulated deficit (516,384) (383,790)
Accumulated other comprehensive loss (2,450) (4,949)
Total stockholders’ equity 395,535 490,151
Total liabilities and stockholders’ equity $ 552,378 $ 603,134