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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 16,353 $ 49,702
Short-term investments 24,685 0
Prepaid expenses and other current assets 1,245 3,194
Total current assets 42,283 52,896
Property and equipment, net 242 91
Operating lease right-of-use assets 139 166
Other assets 807 903
Total assets 43,471 54,056
Current liabilities:    
Accounts payable 1,204 516
Accrued expenses 2,322 3,418
Current term loans, net 18,911 0
Accrued final payment on term loans, current 1,100 0
Lease liabilities, current portion 48 44
Total current liabilities 23,585 3,978
Earn-out liability 89 12,130
Non-current term loans, net 18,760
Accrued final payment on term loans, non-current 1,100
Non-current warrant liability 80 678
Non-current lease liabilities 94 126
Total liabilities 23,848 36,772
Commitments and contingencies
Stockholders' deficit:    
Preferred stock, $0.0001 par value; 100,000,000 and zero shares authorized at June 30, 2022 and December 31, 2021 respectively; zero shares issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2022 and December 31, 2021; 41,452,790 shares issued and 41,152,790 shares issued and outstanding as of June 30, 2022; 40,689,975 shares issued and 40,389,975 shares issued and outstanding as of December 31, 2021 4 4
Additional paid-in capital 144,448 138,181
Accumulated other comprehensive loss (82) 0
Accumulated deficit (124,747) (120,901)
Total stockholders' deficit 19,623 17,284
Total liabilities and stockholders' equity $ 43,471 $ 54,056