| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | |||||||||
207,537 | 79,449 | 82,673 | 62,936 | 39,661 | 77,123 | 43,651 | 33,088 | 44,001 | 218,375 |
Short-term marketable securities | |||||||||
379,713 | 335,907 | 396,717 | 415,667 | 445,820 | 387,174 | 331,307 | 339,503 | 329,401 | 187,851 |
Prepaid expenses and other current assets | |||||||||
17,535 | 14,675 | 14,987 | 17,378 | 14,052 | 16,539 | 8,445 | 4,827 | 4,020 | 3,381 |
Total current assets | |||||||||
604,785 | 430,031 | 494,377 | 495,981 | 499,533 | 480,836 | 383,403 | 377,418 | 377,422 | 409,607 |
Long-term marketable securities | |||||||||
9,684 | 39,886 | 23,534 | 55,832 | 97,554 | 147,881 | 142,173 | 178,703 | 219,406 | 60,750 |
Property and equipment, net | |||||||||
45,452 | 46,732 | 47,481 | 47,195 | 36,955 | 25,162 | 16,245 | 13,323 | 14,860 | 14,923 |
Operating lease right-of-use asset | |||||||||
33,626 | 33,923 | 34,300 | 34,600 | 34,400 | - | - | - | - | - |
Other non-current assets | |||||||||
2,318 | 2,659 | 3,242 | 3,949 | 8,147 | 8,105 | 2,654 | 2,611 | 2,265 | 1,441 |
Total assets | |||||||||
695,865 | 553,231 | 602,978 | 637,604 | 676,596 | 661,984 | 544,475 | 572,055 | 613,953 | 486,721 |
Liabilities and stockholders' equity | |||||||||
Current liabilities: | |||||||||
Accounts payable | |||||||||
2,316 | 2,590 | 2,022 | 3,931 | 3,662 | 1,891 | 3,354 | 9,176 | 1,377 | 2,716 |
Accrued compensation | |||||||||
3,910 | 8,739 | 7,528 | 4,092 | 3,213 | - | 4,847 | 2,751 | 1,994 | 5,166 |
Accrued clinical costs | |||||||||
5,349 | 5,042 | - | - | - | - | - | - | - | - |
Deferred rent | |||||||||
- | - | - | - | - | - | 3,227 | 4,782 | 874 | 855 |
Accrued expenses and other current liabilities | |||||||||
- | - | 3,483 | 2,135 | 1,107 | 19,468 | 138 | 47 | 63 | 63 |
Other accruals and other current liabilities | |||||||||
7,265 | 6,569 | 15,467 | 13,793 | 12,114 | - | 7,393 | 5,537 | 4,425 | 5,364 |
Operating lease liability, current | |||||||||
4,121 | 3,665 | - | - | - | - | - | - | - | - |
Contract liabilities | |||||||||
24,674 | 18,739 | 18,185 | 22,598 | 23,148 | 11,427 | 12,658 | 8,715 | 8,434 | 0 |
Total current liabilities | |||||||||
47,635 | 45,344 | 46,685 | 46,549 | 43,244 | 32,786 | 31,617 | 31,008 | 17,167 | 14,164 |
Contract liabilities, less current portion | |||||||||
34,747 | 43,753 | 47,795 | 44,563 | 44,852 | 57,350 | 44,452 | 49,590 | 51,519 | 0 |
Operating lease liability, less current portion | |||||||||
67,793 | 68,865 | 69,900 | 70,900 | 71,400 | - | - | - | - | - |
Deferred rent, less current portion | |||||||||
- | - | - | - | - | 24,532 | 7,103 | 1,029 | 6,051 | 6,294 |
Other non-current liabilities | |||||||||
379 | 379 | 386 | 408 | 440 | 471 | 124 | 156 | 188 | 467 |
Total liabilities | |||||||||
150,554 | 158,341 | 164,781 | 162,431 | 159,948 | 115,139 | 83,296 | 81,783 | 74,925 | 20,925 |
Commitments and contingencies (Note 8) | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Stockholders' equity: | |||||||||
Convertible preferred stock, $0.01 par value; 40,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 0 shares issued and outstanding as of March 31, 2020 and December 31, 2019 | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Common stock, $0.01 par value; 400,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 105,541,343 shares and 96,189,935 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively | |||||||||
1,382 | 1,288 | 1,286 | 1,283 | 1,279 | 1,273 | 1,266 | 1,259 | 1,252 | 1,201 |
Additional paid-in capital | |||||||||
1,025,408 | 818,803 | 807,875 | 798,277 | 781,966 | 774,158 | 766,799 | 760,605 | 754,438 | 656,660 |
Accumulated other comprehensive income | |||||||||
835 | 350 | 562 | 879 | 332 | -649 | -1,416 | -1,493 | -1,287 | -368 |
Accumulated deficit | |||||||||
-482,314 | -425,551 | -371,526 | -325,266 | -266,929 | -227,937 | -305,470 | -270,099 | -215,375 | -191,697 |
Total stockholders' equity | |||||||||
545,311 | 394,890 | 438,197 | 475,173 | 516,648 | 546,845 | 461,179 | 490,272 | 539,028 | 465,796 |
Total liabilities and stockholders’ equity | |||||||||
695,865 | 553,231 | 602,978 | 637,604 | 676,596 | 661,984 | 544,475 | 572,055 | 613,953 | 486,721 |