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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 105,805 $ 142,018
Investments available for sale 53,195 27,254
Accounts receivables 20 17
Prepaid expenses and other current assets 370 203
Total current assets 159,390 169,492
Prepaid expenses and other assets 791 1,056
Property and equipment, net 13 18
Deferred tax assets 17,122 15,950
Total assets 177,316 186,516
Current liabilities:    
Accounts payable and accrued liabilities 1,477 338
Accrued payroll and related expenses 367 270
Accrued licensing costs 0 355
Income tax liability 2 6
Other liabilities, current 54 52
Total current liabilities 1,900 1,021
Other liabilities 4 46
Total liabilities 1,904 1,067
Commitments and contingencies (Note 4)
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 10,000,000 shares at September 30, 2022 and December 31, 2021; Issued and outstanding: 0 shares at September 30, 2022 and December 31, 2021 0 0
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at September 30, 2022 and December 31, 2021; Issued and outstanding: 71,424,650 shares at September 30, 2022 and 71,232,856 at December 31, 2021 7 7
Additional paid-in capital 238,880 236,445
Accumulated deficit (62,972) (50,935)
Accumulated other comprehensive loss (503) (68)
Total stockholders' equity 175,412 185,449
Total liabilities and stockholders' equity $ 177,316 $ 186,516