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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 51,174 $ 45,627
Marketable securities - short-term 71,826 101,000
Accounts receivable from collaborations 524 336
Prepaid expenses and other current assets 7,253 7,241
Total current assets 130,777 154,204
Marketable securities - long-term 23,459 27,972
Property and equipment, net 1,019 1,139
Operating lease right-of-use (ROU) assets 5,300 6,042
Other assets 2,175 1,703
Total assets 162,730 191,060
Current liabilities    
Accounts payable 1,407 2,659
Accrued research and development expenses 3,596 3,400
Other accrued expenses 2,499 6,863
Operating lease liabilities - short-term 3,207 3,151
Total current liabilities 10,709 16,073
Deferred revenue 2,733 2,733
Operating lease liabilities - long-term 2,497 3,325
Total liabilities 15,939 22,131
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.001 par value; 100,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 48,132,937 and 48,120,437 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 48 48
Additional paid-in capital 802,170 800,728
Accumulated other comprehensive loss (908) (419)
Accumulated deficit (654,519) (631,428)
Total stockholders' equity 146,791 168,929
Total liabilities and stockholders' equity $ 162,730 $ 191,060