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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 54,593 $ 76,015
Marketable securities (Note 4) 239,248 15,942
Contract assets 577  
Prepaid expenses and other current assets 2,946 888
Total current assets 297,364 92,845
Marketable securities, non-current (Note 4) 187,464  
Property and equipment, net (Note 6) 10,984 3,794
Right-of-use assets, operating leases 9,959 18,289
Other assets 1,590 1,774
Total assets 507,361 116,702
Current liabilities:    
Accounts payable 3,979 3,276
Accrued expenses (Note 8) 7,874 4,568
Deferred revenue, current 92,011 23,349
Operating lease liabilities, current portion 2,733 2,696
Finance liabilities, current portion 689 681
Total current liabilities 107,286 34,570
Non-current liabilities    
Deferred revenue, net of current portion 90,308 29,642
Operating lease liabilities, net of current portion 14,327 16,651
Finance lease liabilities, net of current portion 755 1,165
Total liabilities 212,676 82,028
Commitments and contingencies (Note 9)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 and 0 shares authorized as of September 30, 2020 and December 31, 2019, respectively; 0 shares issued or outstanding as of September 30, 2020 and December 31, 2019
Common stock, $0.0001 par value; 150,000,000 and 45,000,000 shares authorized at September 30, 2020 and December 31, 2019, 44,581,051 and 2,208,982 shares issued at September 30, 2020 and December 31, 2019, respectively, and 44,447,734 and 1,929,516 shares outstanding at September 30, 2020 and December 31, 2019, respectively 4  
Additional paid-in capital 410,925 2,044
Accumulated deficit (116,080) (76,456)
Accumulated other comprehensive (loss) income (164) 6
Total stockholders’ equity (deficit) 294,685 (74,406)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 507,361 116,702
Series Seed Convertible Preferred Stock    
Non-current liabilities    
Temporary equity, value   5,900
Series A Convertible Preferred Stock    
Non-current liabilities    
Temporary equity, value   29,237
Series B Convertible Preferred Stock    
Non-current liabilities    
Temporary equity, value   59,918
Series B-1 Convertible Preferred    
Non-current liabilities    
Temporary equity, value   $ 14,025