v3.23.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 84,753 $ 139,259
Marketable securities 617,813 643,860
Accounts receivable, net 2,251 2,206
Inventory 15,671 8,492
Prepaid expenses and other current assets 36,751 38,955
Total current assets 757,239 832,772
Marketable securities 244,357 313,874
Operating lease assets 59,866 65,129
Property and equipment, net 19,634 22,987
Other non-current assets 4,057 3,956
Total assets 1,085,153 1,238,718
Current liabilities:    
Accounts payable 11,626 18,616
Accrued expenses 29,189 30,350
Operating lease liabilities 14,326 13,663
Total current liabilities 55,141 62,629
Operating lease liabilities, net of current portion 64,620 71,996
Other non-current liabilities 1,156 3,279
Total liabilities 120,917 137,904
Stockholders’ equity:    
Preferred stock, $0.001 par value; 25,000,000 shares authorized; no shares issued or outstanding at June 30, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value; 125,000,000 shares authorized; 71,951,186 shares issued and 55,734,775 shares outstanding at June 30, 2023, and 71,256,118 shares issued and 55,039,707 shares outstanding at December 31, 2022 72 71
Additional paid-in capital 2,410,905 2,386,325
Accumulated other comprehensive loss (8,870) (12,535)
Treasury stock, at cost (16,216,411 shares at June 30, 2023 and December 31, 2022) (802,486) (802,486)
Accumulated deficit (635,385) (470,561)
Total stockholders’ equity 964,236 1,100,814
Total liabilities and stockholders’ equity $ 1,085,153 $ 1,238,718