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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 25,436 $ 35,724
Marketable debt securities 62,155 55,505
Prepaid expenses and other current assets 3,098 1,883
Total current assets 90,689 93,112
Restricted cash, non-current 745 745
Marketable debt securities, non-current 30,889 39,467
Property and equipment, net 1,676 1,719
Operating lease right-of-use asset 6,953 7,171
Goodwill 29,517 29,517
Other assets 787 865
Total assets 161,256 172,596
Current liabilities:    
Accounts payable 541 954
Accrued expenses 1,450 2,489
Operating lease liability 870 855
Total current liabilities 2,861 4,298
Operating lease liability, non-current 6,160 6,384
Total liabilities 9,021 10,682
Commitments and contingencies (Note 8)
Preferred stock, $0.001 par value, authorized 10,000,000 shares: Series 1 Convertible Preferred Stock, 8,028 shares authorized at March 31, 2022 and December 31, 2021, 8,027 shares issued and outstanding as of March 31, 2022 and December 31, 2021.
Common stock, $0.001 par value, authorized 100,000,000 shares: Common stock, 11,251,927 and 11,235,731 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively. 11 11
Additional paid-in capital 257,933 256,126
Accumulated deficit (104,767) (94,012)
Accumulated other comprehensive income (loss) (942) (211)
Total stockholders’ equity 152,235 161,914
Total liabilities and stockholders’ equity $ 161,256 $ 172,596