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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 113,308 $ 331,549
Marketable securities 216,169 27,225
Prepaid expenses and other current assets 1,807 2,595
Total current assets 331,284 361,369
Property and equipment, net 512 601
Right-of-use asset 653 602
Total assets 332,449 362,572
Current liabilities:    
Accounts payable 12,128 23,831
Accrued expenses 85,567 91,461
Lease liability 653 602
Total current liabilities 98,348 115,894
Long term liabilities:    
Loan payable, net of discount 83,965 49,289
Total long term liabilities 83,965 49,289
Total liabilities 182,313 165,183
Stockholders' equity:    
Preferred stock, par value $0.0001 per share authorized: 5,000,000 shares at March 31, 2023 and December 31, 2022; 2,369,797 and 2,369,797 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively  
Common stock, par value $0.0001 per share authorized: 200,000,000 at March 31, 2023 and December 31, 2022; 18,283,074 and 18,102,523 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 2 2
Additional paid-in-capital 1,189,776 1,160,079
Accumulated other comprehensive loss (86) (32)
Accumulated deficit (1,039,556) (962,660)
Total stockholders' equity 150,136 197,389
Total liabilities and stockholders' equity $ 332,449 $ 362,572