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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 74,843 $ 268,565
Short-term investments 167,872 82,641
Prepaid expenses and other current assets 4,978 2,805
Total current assets 247,693 354,011
Restricted cash 1,166  
Property and equipment, net 17,848 1,935
Operating lease right-of-use assets 20,333  
Total assets 287,040 355,946
Current liabilities:    
Accounts payable 11,153 3,734
Accrued liabilities 9,250 6,497
Deferred rent, current   391
Operating lease liabilities, current 1,202  
Other current liabilities 139  
Total current liabilities 21,744 10,622
Deferred rent   1,046
Operating lease liabilities, non-current 33,387  
Total liabilities 55,131 11,668
Commitments and contingencies (Note 5)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized as of December 31, 2021 and 2020, respectively; no shares issued and outstanding as of December 31, 2021 and 2020, respectively
Common stock, $0.001 par value; 300,000,000 shares authorized as of December 31, 2021 and 2020, respectively; 38,560,854 and 38,157,618 shares issued and outstanding as of December 31, 2021 and 2020, respectively 39 38
Additional paid-in capital 528,365 510,309
Accumulated other comprehensive loss (180) (77)
Accumulated deficit (296,315) (165,992)
Total stockholders' equity 231,909 344,278
Total liabilities and stockholders’ equity $ 287,040 $ 355,946