Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

v3.21.1
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 55,818 $ 206,152
Marketable securities 164,455 120,341
Investment in equity securities 30,955 41,644
Accounts receivable 7,227 5,559
Prepaid expenses and other current assets 7,546 4,486
Total current assets 266,001 378,182
Property and equipment, net 14,829 12,935
Marketable securities, non-current 74,615 0
Other non-current assets 2,211 2,122
Restricted cash 872 872
Total assets 358,528 394,111
Current liabilities:    
Accounts payable 5,891 5,544
Accrued compensation 4,496 8,823
Deferred revenue—current 12,088 14,603
Other current liabilities 185 627
Total current liabilities 22,660 29,597
Deferred revenue, non-current 822 6,100
Deferred rent 2,390 1,340
Debt—non-current 24,680 24,545
Other noncurrent liabilities 638 481
Total liabilities 51,190 62,063
Stockholders’ equity:    
Preferred stock, $0.001 par value — 10,000,000 shares authorized as of March 31, 2021 and December 31, 2020; 0 shares issued and outstanding as of March 31, 2021 and December 31, 2020
Common stock, $0.001 par value — 300,000,000 shares authorized as of March 31, 2021 and December 31, 2020; 46,103,606 and 45,752,116 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 46 46
Additional paid-in-capital 565,524 559,746
Accumulated other comprehensive income   129
Accumulated deficit (258,232) (227,873)
Total stockholders’ equity 307,338 332,048
Total Liabilities and Stockholders’ Equity $ 358,528 $ 394,111