XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 21,035 $ 24,127
Marketable debt securities 65,575 60,243
Prepaid expenses and other current assets 8,006 1,776
Total current assets 94,616 86,146
Restricted cash, non-current 745 745
Marketable debt securities, non-current 2,893 17,886
Property and equipment, net 1,521 1,592
Operating lease right-of-use asset 6,044 6,277
Other assets 586 644
Total assets 106,405 113,290
Current liabilities:    
Accounts payable 4,081 1,586
Accrued expenses 1,396 3,237
Operating lease liability 933 917
Total current liabilities 6,410 5,740
Operating lease liability, non-current 5,227 5,467
Total liabilities 11,637 11,207
Commitments and contingencies (Note 8)
Stockholders’ Equity:    
Preferred stock, $0.001 par value, authorized 10,000,000 shares: Series 1 Convertible Preferred Stock, 8,028 shares authorized at March 31, 2023 and December 31, 2022, 8,027 shares issued and outstanding as of March 31, 2023 and December 31, 2022.
Common stock, $0.001 par value, authorized 100,000,000 shares: Common stock, 11,306,753 and 11,267,389 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively. 11 11
Additional paid-in capital 264,235 262,724
Accumulated deficit (169,009) (159,964)
Accumulated other comprehensive income (loss) (469) (688)
Total stockholders’ equity 94,768 102,083
Total liabilities and stockholders’ equity $ 106,405 $ 113,290