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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 142,018 $ 192,908
Investments available for sale 27,254 28,348
Accounts receivables 17 8
Prepaid income tax 0 2,905
Prepaid expenses and other current assets 203 263
Total current assets 169,492 224,432
Prepaid expenses and other assets 1,056 1,301
Property and equipment, net 18 11
Deferred tax asset 19,278 9,049
Total assets 189,844 234,793
Current liabilities:    
Accounts payable and accrued liabilities 338 654
Accrued payroll and related expenses 270 220
Accrued licensing costs 355 9,438
Other liabilities, current 58 44
Total current liabilities 1,021 10,356
Other liabilities 46 0
Total liabilities 1,067 10,356
Commitments and contingencies (Note 4)
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 10,000,000 shares at December 31, 2021 and December 31, 2020, Issued and outstanding: 0 shares at December 31, 2021 and December 31, 2020 0 0
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at December 31, 2021 and December 31, 2020, Issued and outstanding: 71,232,856 shares and 71,058,570 shares, at December 31, 2021 and December 31, 2020, respectively 7 7
Additional paid-in capital 236,445 232,457
Accumulated deficit (47,607) (8,014)
Accumulated other comprehensive loss (68) (13)
Total stockholders' equity 188,777 224,437
Total liabilities and stockholders' equity $ 189,844 $ 234,793