Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.23.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 47,254 $ 30,414
Marketable securities 255,090 130,343
Investment in equity securities 32,020 37,181
Accounts receivable 7,122 12,454
Prepaid expenses and other current assets 11,667 8,123
Total current assets 353,153 218,515
Property and equipment, net 24,621 22,550
Operating lease right-of-use assets 26,443 29,041
Marketable securities, non-current 0 68,775
Other non-current assets 1,855 1,655
Restricted cash 872 872
Total assets 406,944 341,408
Current liabilities:    
Accounts payable 4,797 6,009
Accrued compensation 13,142 11,417
Deferred revenue-current 16,759 5,496
Operating lease liability - current 4,585 1,037
Debt-current 12,500 9,375
Accrued expenses and other current liabilities 14,764 8,402
Total current liabilities 66,547 41,736
Deferred revenue, non-current 89,885  
Operating lease liability - non-current 29,574 31,224
Debt-non-current 3,771 15,738
Other non-current liabilities 119 146
Total liabilities 189,896 88,844
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.001 par value - 10,000,000 shares authorized as of December 31, 2022 and 2021; 0 shares issued and outstanding as of December 31, 2022 and 2021
Common stock, $0.001 par value - 300,000,000 shares authorized as of December 31, 2022 and 2021; 57,499,541 and 46,327,131 shares issued and outstanding as of December 31, 2022 and 2021, respectively 58 46
Additional paid-in-capital 670,223 586,243
Accumulated other comprehensive loss (618) (314)
Accumulated deficit (452,615) (333,411)
Total stockholders’ equity 217,048 252,564
Total Liabilities and Stockholders’ Equity $ 406,944 $ 341,408