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Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 143,699 $ 320,448
Marketable securities 261,849 85,095
Prepaid and other assets 8,916 5,598
Total current assets 414,464 411,141
Property and equipment, net 6,037 4,805
Restricted cash 251 251
Right-of-use assets 9,264 10,784
Other assets 523 599
Total assets 430,539 427,580
Current liabilities:    
Accounts payable and accrued liabilities 26,375 14,085
Accrued compensation 7,747 8,940
Lease liabilities, current portion 3,090 1,769
Deferred revenue, current portion 5,454 4,864
Total current liabilities 42,666 29,658
Lease liabilities, net of current portion 8,185 9,960
Deferred revenue, net of current portion 2,706 6,532
Total liabilities 53,557 46,150
Commitments and contingencies (Note 7) 0 0
Stockholders’ equity:    
Common stock, $0.0001 par value; authorized shares – 400,000; issued and outstanding shares – 54,446 and 47,754 at September 30, 2022 and December 31, 2021, respectively 5 5
Additional paid-in capital 688,513 566,161
Accumulated other comprehensive loss (3,463) (187)
Accumulated deficit (308,073) (184,549)
Total stockholders’ equity 376,982 381,430
Total liabilities and stockholders’ equity $ 430,539 $ 427,580