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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 249,773 $ 150,483
Short-term marketable securities 101,676 37,775
Prepaid expenses and other current assets 3,724 5,324
Total current assets 355,173 193,582
Property and equipment, net 47 90
Right of use asset 1,242 1,459
Other assets, noncurrent 108 417
Total assets 356,570 195,548
Current liabilities:    
Accounts payable 7,968 6,706
Accrued expenses and other current liabilities 11,115 18,422
Total current liabilities 19,083 25,128
Loan payable, noncurrent 9,541  
Warrant liability 305  
Operating lease liability, noncurrent 1,079 1,311
Total liabilities 30,008 26,439
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, $0.0001 par value, 150,000,000 shares authorized as of December 31, 2022 and December 31, 2021; 46,856,206 and 34,900,727 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively 5 4
Additional paid-in capital 748,857 479,436
Accumulated other comprehensive income (loss) 37 (27)
Accumulated deficit (422,337) (310,304)
Total stockholders' equity 326,562 169,109
Total liabilities and stockholders' equity $ 356,570 $ 195,548