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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 197,232 $ 233,437
Prepaid expenses and other current assets 6,969 11,045
Total current assets 204,201 244,482
Operating lease right-of-use assets 166 210
Property and equipment, net 22,155 20,616
Intangible assets, net 859 1,075
Other assets   399
Total assets 227,381 266,782
Current liabilities:    
Accounts payable 4,758 7,126
Accrued development expense 3,318 2,803
Accrued compensation and benefits 176 1,877
Operating lease liabilities, current 100 97
Other current liabilities 370 631
Total current liabilities 8,722 12,534
Operating lease liabilities, non-current 88 139
Other non-current liabilities 201 194
Total liabilities 9,011 12,867
Commitments and contingencies (Notes 9, 10 and 11)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value; 120,000,000 shares authorized; 40,097,917 and 40,016,792 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 40 40
Additional paid-in capital 462,491 461,181
Accumulated deficit (244,161) (207,306)
Total stockholders' equity 218,370 253,915
Total liabilities and stockholders' equity $ 227,381 $ 266,782