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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 368,358 $ 494,136
Short-term investments 957,584 905,150
Prepaid expenses and other current assets 29,036 28,800
Total current assets 1,354,978 1,428,086
Property and equipment, net 2,590 2,627
Restricted cash 633 633
Right-of-use asset 3,238 3,804
Other investments 4,000 4,000
Other non-current assets 18,516 15,866
Total assets 1,383,955 1,455,016
Current liabilities:    
Accounts payable 20,731 19,950
Accrued expenses 36,785 29,596
Lease liability, current 2,368 2,370
Total current liabilities 59,884 51,916
Non-current liabilities:    
Contingent earn-out liability 5,231 7,160
Warrant liabilities 3,405 5,293
Lease liability, non-current 849 1,461
Restricted stock repurchase liability 275 324
Total liabilities 69,644 66,154
Commitments and contingencies (note 12)
Stockholders' equity:    
Preferred Stock, $0.0001 par value, 2,000,000 shares authorized; no shares issued and outstanding as of March 31, 2023 and December 31, 2022
Common Stock, $0.0001 par value; 1,250,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 538,474,800 and 538,549,210 shares issued as of March 31, 2023 and December 31, 2022, respectively; and 480,829,944 and 478,674,305 shares outstanding at March 31, 2023 and December 31, 2022, respectively 49 49
Additional paid-in capital 1,924,318 1,916,550
Accumulated other comprehensive income (loss) 84 (148)
Accumulated deficit (610,140) (527,589)
Total stockholders' equity 1,314,311 1,388,862
Total liabilities and stockholders' equity $ 1,383,955 $ 1,455,016