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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets:      
Cash and cash equivalents $ 70,097 $ 68,148  
Marketable debt securities   24,490  
Prepaid expenses and other current assets 2,107 5,314  
Total current assets 72,204 97,952  
Property and equipment, net 1,049 1,040  
Operating lease right-of-use assets 3,406 3,936  
Restricted cash 1,339 1,339  
Other assets 669 419  
Total assets 78,667 104,686  
Current liabilities:      
Accounts payable 1,660 2,634  
Accrued expenses 6,592 5,843  
Operating lease liabilities, current 594 515  
Total current liabilities 8,846 8,992  
Operating lease liabilities 5,408 6,002  
Total liabilities 14,254 14,994  
Commitments and contingencies (See Note 9)  
Stockholders’ equity:      
Preferred stock; $0.001 par value per share; 5,000,000 shares authorized as of December 31, 2021 and December 31, 2020; no shares issued and outstanding as of December 31, 2021 and December 31, 2020    
Common stock, $0.001 par value per share; 115,000,000 shares authorized as of December 31, 2021 and December 31, 2020; 17,710,450 and 15,367,730 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 18 15  
Additional paid-in capital 180,645 155,290  
Accumulated deficit (116,250) (65,614)  
Accumulated other comprehensive gain   1  
Total stockholders' equity 64,413 89,692 $ (694)
Total liabilities and stockholders' equity $ 78,667 $ 104,686