XML 16 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 30,537 $ 62,888
Short-term investments 32,082 45,957
Accounts receivable, net 6,540 5,488
Inventory 5,468 6,427
Prepaid expenses and other current assets 2,688 3,826
Total current assets 77,315 124,586
Property and equipment, net 5,982 4,802
Operating lease right-of-use assets 886 1,169
Other assets 1,515 1,866
Total assets 85,698 132,423
Current liabilities:    
Accounts payable 1,374 5,898
Accrued liabilities 14,117 14,306
Operating lease liabilities, current portion 322 434
Due to licensor payable (Note 7) 0 5,757
Total current liabilities 15,813 26,395
Operating lease liabilities, net of current portion 624 833
Other liabilities 393 0
Total liabilities 16,830 27,228
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized; 24,614,834 and 24,554,205 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 2 2
Additional paid-in capital 383,208 374,129
Accumulated other comprehensive income 39 27
Accumulated deficit (314,381) (268,963)
Total stockholders’ equity 68,868 105,195
Total liabilities and stockholders’ equity $ 85,698 $ 132,423