v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 57,073 $ 71,870
Marketable securities 103,417 66,512
Restricted cash 4,195 4,195
Prepaid expenses and other current assets 5,944 6,099
Total current assets 170,629 148,676
Property and equipment, net 25,164 26,906
Operating lease right-of-use assets 35,355 38,313
Intangible asset 59,195 59,195
Goodwill 140,627 140,627
Other non-current assets 552 3,173
TOTAL ASSETS 431,522 416,890
Current liabilities:    
Accounts payable 1,359 1,669
Accrued compensation 8,842 13,240
Accrued expenses and other current liabilities 8,232 8,679
Operating lease liabilities 14,507 14,938
Contingent consideration 90,812 40,200
Total current liabilities 123,752 78,726
Operating lease liabilities, net of current portion 59,232 63,924
Contingent consideration, net of current portion 60,013 83,518
Success payment liabilities 24,477 19,238
Other non-current liabilities 9,480 10,600
Total liabilities 276,954 256,006
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000 shares authorized; zero shares issued and outstanding as of June 30, 2026 and December 31, 2025
Common stock, $0.0001 par value; 750,000 shares authorized; 299,306 and 266,732 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 30 27
Additional paid-in capital 2,114,465 2,009,845
Accumulated other comprehensive income (loss) (66) 28
Accumulated deficit (1,959,861) (1,849,016)
Total stockholders' equity 154,568 160,884
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 431,522 $ 416,890