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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 39,019 $ 148,989
Short-term investments 133,541 0
Accounts receivable, net 1,862 0
Inventory 1,861 0
Prepaid expenses and other current assets 3,746 2,283
Total current assets 180,029 151,272
Property and equipment, net 508 57
Operating lease right-of-use assets 1,522 557
Intangible asset, net 0 3,811
Other assets 2,178 2,213
Total assets 184,237 157,910
Current liabilities:    
Accounts payable 3,519 6,439
Accrued liabilities 14,922 8,703
Operating lease liabilities, current portion 394 131
Total current liabilities 18,835 15,273
Operating lease liabilities, net of current portion 1,267 474
Due to licensor 5,757 5,757
Total liabilities 25,859 21,504
Commitments and contingencies
Preferred stock, shares issued (in shares) 0 0
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2022 and 2021 $ 0 $ 0
Common stock, $0.0001 par value, 300,000,000 shares authorized; 24,435,007 and 20,894,695 shares issued and outstanding as of December 31, 2022 and 2021, respectively 2 2
Additional paid-in capital 361,689 279,089
Accumulated other comprehensive loss (115) 0
Accumulated deficit (203,198) (142,685)
Total stockholders’ equity 158,378 136,406
Total liabilities and stockholders’ equity $ 184,237 $ 157,910