XML 48 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 447,646 $ 41,954
Investments 230,415 313,862
Accounts receivable 75,000  
Contract asset 7,654  
Prepaid expenses and other current assets 9,385 4,720
Total current assets 770,100 360,536
Property and equipment, net 6,250 8,094
Operating lease assets 22,579 23,560
Restricted cash 878 878
Other assets 22  
Total assets 799,829 393,068
Current liabilities:    
Accounts payable 6,351 6,991
Accrued expenses and other current liabilities 5,760 3,746
Operating lease liabilities, current 1,521 1,249
Total current liabilities 13,632 11,986
Operating lease liabilities, net of current portion 22,901 23,583
Restricted stock liability 3 156
Total liabilities 36,536 35,725
Commitments and contingencies (Note 13)
Convertible preferred stock (Series A, B and C), $0.001 par value; no shares authorized as of December 31, 2020 and 337,272,859 shares authorized as of December 31, 2019; no shares issued and outstanding as of December 31, 2020 and 212,642,857 shares issued and outstanding (aggregate liquidation preference of $519,825) as of December 31, 2019   537,781
Stockholders’ equity (deficit):    
Common stock, $0.001 par value; 150,000,000 and 260,000,000 shares authorized at December 31, 2020 and December 31, 2019, respectively; 89,991,324 and 4,716,634 shares issued at December 31, 2020 and December 31, 2019, respectively; 89,906,835 and 4,037,476 shares outstanding at December 31, 2020 and December 31, 2019, respectively 90 4
Additional paid-in capital 1,167,367 8,715
Accumulated other comprehensive income 64 325
Accumulated deficit (404,228) (189,482)
Total stockholders’ equity (deficit) 763,293 (180,438)
Total liabilities, convertible preferred stock, and stockholders’ equity (deficit) $ 799,829 $ 393,068