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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 138,907 $ 183,403
Marketable securities 132,716 141,815
Restricted cash 64 64
Prepaid expenses and other current assets 9,087 6,498
Total current assets 280,774 331,780
Property and equipment, net 5,025 5,320
Operating lease right-of-use assets 7,861 5,477
Other assets 1,019 1,080
Total assets 294,679 343,657
Current liabilities    
Accounts payable 592 3,244
Accrued research and development expenses 16,958 16,205
Accrued expenses and other current liabilities 17,018 20,410
Total current liabilities 34,568 39,859
Long-term convertible senior notes 195,079 150,038
Long-term debt 29,167 29,079
Operating lease liabilities - long-term 5,706 3,218
Total liabilities 264,520 222,194
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.0001 par value; 700,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 77,106,185 shares issued and 76,553,937 shares outstanding as of March 31, 2022, and 76,470,588 shares issued and 75,752,664 shares outstanding as of December 31, 2021 8 8
Additional paid-in capital 891,121 932,944
Accumulated deficit (860,630) (811,534)
Accumulated other comprehensive (loss) income (340) 45
Total stockholders' equity 30,159 121,463
Total liabilities and stockholders' equity $ 294,679 $ 343,657