XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 27,690 $ 52,100
Short-term investments 140,561 73,776
Prepaid expenses and other current assets 1,845 3,078
Total current assets 170,096 128,954
Property and equipment, net 277 51
In-process R&D 10,497 10,656
Other non-current assets 1,202 116
Total assets 182,072 139,777
Current liabilities:    
Accounts payable 3,219 1,334
Accrued expenses and other current liabilities 5,744 4,533
Total current liabilities 8,963 5,867
Long-term liabilities:    
Long-term debt 26,281 26,078
Other long-term liabilities 284 54
Total liabilities 35,528 31,999
Commitments and Contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value, 300,000,000 authorized as of September 30, 2023 and December 31, 2022; 135,339,836 and 114,046,345 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 137 116
Additional paid-in capital 524,619 446,938
Accumulated other comprehensive loss (942) (605)
Accumulated deficit (377,270) (338,671)
Total stockholders’ equity 146,544 107,778
Total liabilities and stockholders’ equity $ 182,072 $ 139,777