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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 259,682 $ 187,043
Prepaid expenses and other current assets 7,560 8,658
Total current assets 267,242 195,701
Property and equipment, net 3,064 3,696
Restricted cash 492 492
Other assets 436 625
Total assets 271,234 200,514
Current liabilities:    
Accounts payable 2,682 3,949
Accrued expenses and other current liabilities 13,693 9,854
Deferred rent 239 214
Total current liabilities 16,614 14,017
Deferred rent, net of current portion 276 484
Total liabilities 16,890 14,501
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized and no shares issued or outstanding as of December 31, 2020 and 2019
Common stock, $0.0001 par value; 150,000 shares authorized as of December 31, 2020 and 2019; 41,569 and 31,673 shares issued as of December 31, 2020 and 2019, respectively; 41,569 and 31,643 shares outstanding as of December 31, 2020 and 2019, respectively 4 3
Additional paid-in capital 518,756 330,714
Accumulated deficit (264,416) (144,704)
Total stockholders’ equity 254,344 186,013
Total liabilities and stockholders' equity $ 271,234 $ 200,514