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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net loss $ (32,039) $ (17,265)
Reconciliation of net loss to net cash used in operating activities:    
Stock-based compensation 1,571 52
Depreciation expense 18 15
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (1,722) (1,212)
Other assets, net   (65)
Accounts payable (30) 5,219
Accrued expenses 2,035 958
Net cash used in operating activities (30,167) (12,298)
Investing activities    
Purchases of property and equipment   (71)
Net cash used in investing activities   (71)
Financing activities    
Proceeds from the issuance of restricted common stock   20
Proceeds from issuance of common stock upon initial public offering, net of issuance costs 97,062  
Proceeds from the issuance of convertible preferred stock   90,183
Cash paid for issuance costs of convertible preferred stock (11) (174)
Net cash provided by financing activities 97,051 90,029
Increase in cash and cash equivalents 66,884 77,660
Cash and cash equivalents, beginning of year 79,400 1,740
Cash and cash equivalents, end of year 146,284 79,400
Supplemental disclosure of non-cash financing activities    
Issuance costs in accrued expenses   $ 11
Conversion of convertible preferred stock upon IPO $ 97,188