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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 57,703 $ 52,214
Marketable securities 226,608 293,584
Prepaid expenses and other current assets 6,181 5,601
Total current assets 290,492 351,399
Property and equipment, net 14,607 15,311
Restricted cash 1,708 1,708
Other assets 1,173 2,379
Operating lease right-of-use assets 31,596 34,086
Total assets 339,576 404,883
Current liabilities:    
Accounts payable 6,933 5,414
Accrued expenses and other current liabilities 8,138 11,001
Operating lease liabilities 7,670 5,970
Deferred revenue 33,896 32,820
Total current liabilities 56,637 55,205
Operating lease liabilities, net of current portion 40,273 45,537
Deferred revenue, net of current portion 292,016 304,000
Other liabilities 0 29
Total liabilities 388,926 404,771
Commitments and contingencies (Note 10)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 25,000,000 shares authorized at June 30, 2023 and December 31, 2022; no shares issued and outstanding at June 30, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value; 175,000,000 shares authorized at June 30, 2023 and December 31, 2022; 41,852,438 shares issued and outstanding at June 30, 2023 and 41,803,436 shares issued and outstanding at December 31, 2022 4 4
Additional paid-in capital 386,478 377,232
Accumulated other comprehensive loss (2,719) (3,986)
Accumulated deficit (433,113) (373,138)
Total stockholders’ equity (deficit) (49,350) 112
Total liabilities and stockholders’ equity (deficit) $ 339,576 $ 404,883