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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 156,511 $ 559,994
Marketable securities 938,043 405,653
Collaboration receivable   300,000
Prepaid expenses and other current assets 14,358 7,360
Total current assets 1,108,912 1,273,007
Property and equipment, net 111,180 84,258
Restricted cash 12,750 12,746
Operating lease right-of-use assets 115,534 102,718
Other assets 1,874 1,724
Total assets 1,350,250 1,474,453
Current liabilities:    
Accounts payable 7,024 7,474
Accrued expenses and other current liabilities 38,600 28,921
Accrued sub-license fees   38,743
Derivative liabilities 21,300 42,200
Current portion of deferred revenue 159,902 86,270
Current portion of lease liability 9,823 7,540
Current portion of equipment financing liability 2,210 2,287
Total current liabilities 238,859 213,435
Long-term lease liability 165,075 134,810
Long-term equipment financing liability 1,388 3,007
Contingent consideration liabilities 31,910 31,367
Long-term portion of deferred revenue 198,288 262,303
Other liabilities 253 2,793
Total liabilities 635,773 647,715
Commitments and contingencies (See Note 7, Leases, Note 10, License agreements and Note 11, Collaboration and license agreements)
Stockholders’ equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized, and no shares issued or outstanding at September 30, 2022 and December 31, 2021, respectively
Common stock, $0.01 par value; 250,000,000 shares authorized, 70,468,614 and 68,581,251 issued, and 70,457,676 and 68,389,425 outstanding at September 30, 2022 and December 31, 2021, respectively 705 684
Additional paid-in capital 1,737,459 1,594,378
Accumulated other comprehensive (loss) income (4,674) (50)
Accumulated deficit (1,019,013) (768,274)
Total stockholders’ equity 714,477 826,738
Total liabilities and stockholders equity $ 1,350,250 $ 1,474,453