XML 15 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 165,373 $ 232,545
Accounts receivable, net 636 183
Inventory 2,219 0
Prepaid expenses and other current assets 5,738 3,387
Total current assets 173,966 236,115
Property and equipment, net 10,157 10,528
Operating lease right-of-use-assets 35,791 12,907
Other long-term assets 1,776 6,278
Total assets 221,690 265,828
Current liabilities:    
Accounts payable 3,978 5,122
Accrued compensation 5,052 6,369
Accrued liabilities 2,539 6,383
Operating lease liabilities, current portion 2,334 1,232
Total current liabilities 13,903 19,106
Operating lease liabilities, long-term portion 30,768 12,745
Total liabilities 44,671 31,851
Commitments and contingencies (Note 6)
Stockholders equity:    
Common stock, $0.0001 par value; 200,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 26,618,920 and 26,408,031 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 3 3
Additional paid-in capital 602,017 598,913
Accumulated deficit (425,004) (364,942)
Total stockholders' equity 177,019 233,977
Total liabilities and stockholders equity 221,690 265,828
Series 1 Convertible Preferred Stock    
Stockholders equity:    
Series 1 convertible preferred stock, $0.0001 par value - 60,000,000 shares authorized and 29,863,674 shares issued and outstanding as of June 30, 2022 and December 31, 2021; aggregate liquidation preference of $3 as of June 30, 2022 and December 31, 2021 $ 3 $ 3