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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash, cash equivalents and restricted cash $ 46,013 $ 143,745
Short-term investments 49,704 22,742
Accounts receivable 20 71
Prepaid expenses and other current assets 3,714 2,609
Total current assets 99,451 169,167
Long-term investments 0 16,210
Property and equipment, net 15,585 6,601
Right-of-use assets, net 25,715 13,168
Intangible assets, net 5,020 10,624
Goodwill 4,508 4,508
Other long-term assets 3,568 890
Total assets 153,847 221,168
Current liabilities:    
Accounts payable 5,514 3,872
Deferred grant revenue 2,000 0
Other accrued current liabilities 8,084 5,064
Current portion of operating lease liability 2,228 1,011
Current portion of liability related to sale of future royalties 95 836
Total current liabilities 17,921 10,783
Operating lease liability, net of current portion 19,477 11,997
Liability related to sale of future royalties, net of current portion 5,621 10,686
Other long-term liabilities 231 171
Total liabilities 43,250 33,637
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred Stock: $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of December 31, 2022 or 2021 0 0
Common Stock: $0.0001 par value; 250,000,000 and 150,000,000 shares authorized as of December 31, 2022 and 2021, respectively; 134,199,429 and 125,594,393 shares issued and outstanding as of December 31, 2022 and 2021, respectively 13 13
Additional paid-in capital 437,992 406,943
Accumulated deficit (327,109) (219,351)
Accumulated other comprehensive loss (299) (74)
Total stockholders’ equity 110,597 187,531
Total liabilities and stockholders’ equity $ 153,847 $ 221,168