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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 219,428 $ 244,979
Prepaid expenses and other current assets 4,591 2,313
Total current assets 224,019 247,292
Property and equipment, net 3,395 3,676
Operating lease right-of-use asset, net 3,085 3,300
Other assets 154 154
Total assets 230,653 254,422
Current liabilities:    
Accounts payable and accrued expenses 15,754 18,424
Operating lease liabilities 1,432 1,389
Total current liabilities 17,186 19,813
Operating lease liabilities, less current portion 3,608 3,982
Liability to licensor 19,806 19,806
Total liabilities 40,600 43,601
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 200,000,000 shares authorized at March 31, 2022 and December 31, 2021; 0 shares issued and outstanding at March 31, 2022 and December 31, 2021 0
Common stock value 4 4
Additional paid-in capital 400,622 397,136
Accumulated deficit (210,573) (186,319)
Total stockholders’ equity 190,053 210,821
Total liabilities and stockholders’ equity 230,653 254,422
Class B Common Stock    
Stockholders’ equity:    
Common stock value