XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 58,403 $ 35,582
Short-term investments 295,893 339,383
Prepaid expenses and other current assets (includes related party amounts of $23 and $0, respectively) 3,769 2,054
Total current assets 358,065 377,019
Restricted cash 816 816
Property and equipment, net 3,517 1,412
Operating lease right-of-use assets 22,760 185
Other long-term assets 207 392
Total assets 385,365 379,824
Current liabilities:    
Accounts payable 3,000 2,458
Accrued liabilities (includes related party amounts of $0 and $32, respectively) 4,043 3,779
Current portion of deferred revenue 5,371 5,163
Unvested stock liabilities 492 1,203
Current portion of operating lease liabilities 88 194
Total current liabilities 12,994 12,797
Deferred revenue, net of current portion 5,289 700
Operating lease liabilities, net of current portion 23,268 0
Total liabilities 41,551 13,497
Commitments and contingencies (Note 3)
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; authorized shares -10,000,000 at June 30, 2022 and December 31, 2021, respectively; no shares issued and outstanding at June 30, 2022 and December 31, 2021
Common stock, $0.001 par value; authorized shares - 200,000,000 at June 30, 2022 and December 31, 2021, respectively; issued shares - 41,663,029 and 41,622,962 at June 30, 2022 and December31,2021, respectively; outstanding shares - 41,393,660 and 41,243,137 at June 30, 2022 and December 31,2021, respectively 42 41
Additional paid-in capital 423,388 413,967
Accumulated other comprehensive loss (1,907) (270)
Accumulated deficit (77,709) (47,411)
Total stockholders' equity 343,814 366,327
Total liabilities, and stockholders' equity $ 385,365 $ 379,824