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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 92,326 $ 122,927
Accounts receivable 3,000 2,629
Contract asset   557
Prepaid expenses and other current assets 5,765 5,565
Total current assets 101,091 131,678
Property and equipment, net 5,561 2,499
Other assets 2,725 2,663
Total assets 109,377 136,840
Current liabilities:    
Accounts payable 3,299 3,126
Refund liability   21,233
Accrued expenses 19,811 16,207
Total current liabilities 23,110 40,566
Notes payable, net of deferred financing costs 70,350 40,809
Contract liability 9,443  
Other long-term liabilities 1,671 1,979
Total liabilities 104,574 83,354
Stockholders' equity:    
Series A convertible preferred stock, $0.001 par value; 25,000,000 shares authorized, 4,300 shares issued and outstanding at June 30, 2022 and 4,575 shares issued and outstanding at December 31, 2021 4,043 4,302
Common stock, $0.001 par value; 150,000,000 shares authorized, 37,206,457 issued and 37,199,150 outstanding at June 30, 2022 and 36,797,561 issued and 36,790,254 outstanding at December 31, 2021 37 37
Additional paid-in capital 470,222 459,852
Treasury stock at cost, 7,307 shares at June 30, 2022 and December 31, 2021
Accumulated deficit (469,499) (410,705)
Total stockholders' equity 4,803 53,486
Total liabilities and stockholders' equity $ 109,377 $ 136,840