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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 70,042 $ 115,412
Marketable securities 392,434 439,396
Collaboration receivable 2,093 1,012
Prepaid expenses and other current assets 8,497 7,339
Total current assets 473,066 563,159
Property and equipment, net 21,252 18,778
Restricted cash 4,824 4,824
Operating lease right-of-use assets 88,766 91,877
Other long term assets 1,223 585
Total assets 589,131 679,223
Current liabilities:    
Accounts payable 3,146 2,424
Accrued expenses 19,839 20,767
Lease liability, current portion 10,046 11,904
Total current liabilities 33,031 35,095
Long-term lease liability 67,819 70,014
Success Payment Liability 2,809 2,885
Deferred revenue non-current 20,014 20,014
Other long term liabilities 236 283
Total liabilities 123,909 128,291
Commitments and contingencies (See Note 7 and Note 8)
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized, 62,064,279 and 61,730,816 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 62 62
Additional paid-in capital 916,109 895,801
Accumulated other comprehensive loss (754) (694)
Accumulated deficit (450,195) (344,237)
Total stockholders equity 465,222 550,932
Total liabilities and stockholders' equity $ 589,131 $ 679,223