v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 120,328 $ 105,597
Marketable securities 180,849 264,930
Prepaid expenses and other current assets 8,001 9,067
Total current assets 309,178 379,594
Restricted cash 1,688 1,690
Marketable securities, non-current 28,949 13,014
Other investments 19,000 19,000
Property and equipment, net 44,195 48,200
Operating lease right-of-use assets 23,570 24,739
Other non-current assets 3,218 4,622
Total assets 429,798 490,859
Current liabilities:    
Accounts payable 3,728 5,366
Accrued liabilities and other current liabilities 31,168 40,822
Contingent consideration payable 6,389 7,600
Total current liabilities 41,285 53,788
Operating lease liabilities, non-current 48,851 50,994
Other non-current liabilities 3,141 3,253
Total liabilities 93,277 108,035
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized at March 31, 2025 and December 31, 2024; no shares issued and outstanding at March 31, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; 500,000 shares authorized at March 31, 2025 and December 31, 2024; 295,284 and 294,876 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 30 29
Additional paid-in capital 1,733,634 1,727,610
Accumulated other comprehensive income 158 291
Accumulated deficit (1,397,301) (1,345,106)
Total stockholders’ equity 336,521 382,824
Total liabilities and stockholders’ equity $ 429,798 $ 490,859