v3.21.2
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 56,392 $ 206,152
Marketable securities 167,032 120,341
Investment in equity securities 35,280 41,644
Accounts receivable 9,160 5,559
Prepaid expenses and other current assets 9,751 4,486
Total current assets 277,615 378,182
Property and equipment, net 18,669 12,935
Marketable securities, non-current 60,006 0
Other non-current assets 2,626 2,122
Restricted cash 872 872
Total assets 359,788 394,111
Current liabilities:    
Accounts payable 7,642 5,544
Accrued compensation 6,510 8,823
Deferred revenue—current 8,128 14,603
Debt—current 3,125  
Other current liabilities 720 627
Total current liabilities 26,125 29,597
Deferred revenue, non-current 193 6,100
Deferred rent 3,432 1,340
Debt—non-current 21,694 24,545
Other noncurrent liabilities 844 481
Total liabilities 52,288 62,063
Stockholders’ equity:    
Preferred stock, $0.001 par value — 10,000,000 shares authorized as of June 30, 2021 and December 31, 2020; 0 shares issued and outstanding as of June 30, 2021 and December 31, 2020
Common stock, $0.001 par value — 300,000,000 shares authorized as of June 30, 2021 and December 31, 2020; 46,141,454 and 45,752,116 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 46 46
Additional paid-in-capital 571,883 559,746
Accumulated other comprehensive (loss) income (45) 129
Accumulated deficit (264,384) (227,873)
Total stockholders’ equity 307,500 332,048
Total Liabilities and Stockholders’ Equity $ 359,788 $ 394,111

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