Condensed Balance Sheets - USD ($)
$ in Thousands |
Mar. 31, 2022 |
Dec. 31, 2021 |
| Current Assets |
|
|
| Cash and cash equivalents |
$ 48,573
|
$ 94,746
|
| Investments |
69,331
|
22,287
|
| Prepaid expenses and other current assets |
5,096
|
5,337
|
| Total current assets |
123,000
|
122,370
|
| Property and equipment, net |
41,998
|
43,015
|
| Operating lease right-of-use assets |
37,292
|
|
| Long-term investments |
7,862
|
31,042
|
| Deposits and other |
3,537
|
3,630
|
| Total assets |
213,689
|
200,057
|
| Current Liabilities |
|
|
| Accounts payable |
4,452
|
3,352
|
| Accrued expenses |
5,114
|
11,555
|
| Current portion of operating lease liabilities |
3,221
|
|
| Other current liabilities |
70
|
1,992
|
| Total current liabilities |
12,857
|
16,899
|
| Deferred rent |
|
28,229
|
| Operating lease liabilities, net of current portion |
63,049
|
|
| Total liabilities |
75,906
|
45,128
|
| Commitment and contingencies (Note 9) |
|
|
| Stockholders' equity |
|
|
| Additional paid-in capital |
522,892
|
514,794
|
| Accumulated other comprehensive income (loss) |
(470)
|
(102)
|
| Accumulated deficit |
(384,643)
|
(359,767)
|
| Total stockholders' equity |
137,783
|
154,929
|
| Total liabilities and stockholders' equity |
213,689
|
200,057
|
| Class A common stock |
|
|
| Stockholders' equity |
|
|
| Common stock |
3
|
3
|
| Class B common stock |
|
|
| Stockholders' equity |
|
|
| Common stock |
$ 1
|
$ 1
|