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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 361,422 $ 73,278
Short-term marketable securities   28,208
Prepaid expenses and other current assets 3,339 607
Total current assets 364,761 102,093
Property and equipment, net 569 739
Other assets 201 201
Total assets 365,531 103,033
Current liabilities    
Accounts payable 1,607 2,837
Accrued expenses 4,803 1,686
Total current liabilities 6,410 4,523
Other liabilities   51
Total liabilities 6,410 4,574
Commitments and contingencies (see Note 6)
Convertible preferred stock, accumulated liquidation value of $0 and $169,385 at December 31, 2020 and 2019, respectively   168,933
Stockholders’ equity (deficit):    
Preferred stock, $0.00001 par value, 5,000,000 and no shares authorized at December 30, 2020 and 2019, respectively, no shares issued or outstanding at December 31, 2020 and 2019, respectively
Common stock, $0.00001 par value, 1,000,000,000 and 33,250,829 shares authorized; 44,777,818 and 3,046,200 shares issued and outstanding at December 31, 2020 and 2019, respectively
Additional paid-in capital 469,001 4,969
Accumulated deficit (109,880) (75,440)
Accumulated other comprehensive loss   (3)
Total stockholders’ equity (deficit) 359,121 (70,474)
Total liabilities, convertible preferred stock, and stockholders’ equity (deficit) $ 365,531 $ 103,033