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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 871,360 $ 1,337,586
Total short-term investments 197,786 0
Accounts receivable, net 2,988 1,599
Prepaid expenses and other current assets 18,582 13,995
Total current assets 1,090,716 1,353,180
Property and equipment, net 38,226 36,053
Operating lease right-of-use assets 46,370 0
Other assets 4,951 7,090
Total assets 1,180,263 1,396,323
Current liabilities:    
Accounts payable 6,666 4,544
Amounts due to joint development partners 4,791 7,394
Accrued expenses and other current liabilities 40,412 41,698
Short-term debt 1,613 1,524
Capital lease liabilities, current 0 766
Operating lease liabilities, current 5,983 0
Total current liabilities 59,465 55,926
Capital lease liabilities, noncurrent 0 2,872
Operating lease liabilities, noncurrent 41,920 0
Long-term debt 4,086 5,543
Other liabilities 6,026 5,004
Total liabilities 111,497 69,345
Commitments and contingencies (Note 4)
Preferred Stock, Shares Issued 0 0
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, authorized (in shares) 100,000,000 100,000,000
Preferred stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Stockholders' equity:    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of December 31, 2021 and September 30, 2022; zero shares issued and outstanding as of December 31, 2021 and September 30, 2022 $ 0 $ 0
Common stock, $0.0001 par value; 4,876,000,000 Class A shares authorized as of December 31, 2021 and June 30, 2022; 197,833,195 and — Class A shares issued and outstanding as of December 31, 2021 and June 30, 2022, respectively; 24,000,000 Class B shares authorized as of December 31, 2021 and June 30, 2022; 24,000,000 Class B shares issued and outstanding as of December 31, 2021 and June 30, 2022 22 22
Additional paid-in-capital 2,544,499 2,464,730
Accumulated other comprehensive income (loss) (4,436) 77
Accumulated deficit (1,471,319) (1,137,851)
Total stockholders’ equity 1,068,766 1,326,978
Total liabilities and stockholders’ equity $ 1,180,263 $ 1,396,323