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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 145,101 $ 138,509
Short-term investments   1,474
Accounts receivable 2,473 1,646
Contract asset 1,059  
Prepaid expenses and other current assets 4,858 4,638
Total current assets 153,491 146,267
Property and equipment, net 2,650 1,945
Other assets 2,732 2,250
Total assets 158,873 150,462
Current liabilities:    
Accounts payable 693 2,211
Refund liability 21,828  
Accrued expenses 15,155 8,518
Total current liabilities 37,676 10,729
Notes payable, net of deferred financing costs 40,579  
Other long-term liabilities 2,124 2,534
Total liabilities 80,379 13,263
Stockholders' equity:    
Series A convertible preferred stock, $0.001 par value; 25,000,000 shares authorized, 4,575 shares issued and outstanding at September 30, 2021 and 4,753 issued and outstanding at December 31, 2020 4,302 4,469
Common stock, $0.001 par value; 150,000,000 shares authorized, 36,758,508 issued and 36,751,201 outstanding at September 30, 2021 and 36,585,767 issued and 36,578,460 outstanding at December 31, 2020 37 37
Additional paid-in capital 456,555 444,622
Treasury stock at cost, 7,307 shares at September 30, 2021 and December 31, 2020
Accumulated deficit (382,400) (311,929)
Total stockholders' equity 78,494 137,199
Total liabilities and stockholders' equity $ 158,873 $ 150,462