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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 115,412 $ 64,330
Marketable securities 439,396 296,112
Collaboration receivable 1,012 0
Prepaid expenses and other current assets 7,339 6,686
Total current assets 563,159 367,128
Property and equipment, net 18,778 7,224
Restricted cash 4,824 5,237
Operating lease right-of-use assets 91,877 1,839
Other long term assets 585 2,696
Total assets 679,223 384,124
Current liabilities:    
Accounts payable 2,424 7,077
Accrued expenses 20,767 12,992
Operating lease obligations, current portion 11,904 1,955
Total current liabilities 35,095 22,024
Long-term lease liability 70,014 0
Deferred revenue, non-current 20,014
Success payment liability 2,885 4,371
Other long term liabilities 283 377
Total liabilities 128,291 26,772
Commitments and contingencies (See Note 7 and 8)
Convertible preferred stock (See Note 10) 0 0
Stockholders’ equtiy (deficit):    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued and oustanding 0 0
Common stock, $0.001 par value; 200,000,000 and 255,000,000 shares authorized at December 31, 2022 and 2021, respectively, 61,730,816 and 48,511,735 shares issued at December 31, 2022 and 2021, respectively; 61,730,816 and 48,511,735 shares outstanding at December 31, 2022 and 2021, respectively 62 49
Additional paid-in capital 895,801 544,381
Accumulated other comprehensive (loss) income (694) (228)
Accumulated deficit (344,237) (186,850)
Total stockholders’ equity (deficit) 550,932 357,352
Total liabilities, and stockholders' equity $ 679,223 $ 384,124