The Company expects full year 2023 GAAP operating expenses of $290M to $300M, including estimated non-cash stock-based compensation expense of approximately $50M, and full year collaboration revenue of approximately $3M million related to the Sanofi (SNY) agreement. The Company expects to end 2023 with a balance of approximately $200M in cash and investments, and for the balance to enable it to fund its operating expenses and capital expenditure requirements into the second half of 2024.
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