XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 274,015 $ 104,749
Prepaid expenses and other current assets 4,182 2,644
Total current assets 278,197 107,393
Property and equipment, net 129 141
Operating lease right-of-use assets 708 788
Other assets 966 1,045
TOTAL ASSETS 280,000 109,367
CURRENT LIABILITIES:    
Accrued and other liabilities 11,282 10,726
Accounts payable 1,798 2,158
Total current liabilities 13,080 12,884
Term loan 4,862  
Operating lease liabilities 436 485
TOTAL LIABILITIES 18,378 13,369
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized as of March 31, 2022 and December 31, 2021; nil shares issued and outstanding as of March 31, 2022 and December 31, 2021
Common stock, $0.001 par value; 500,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 23,800,409 and 15,571,656 shares issued and outstanding as of March 31, 2022 and December 31, 2021 24 16
Additional paid-in capital 1,230,774 1,037,230
Accumulated deficit (969,176) (941,248)
TOTAL STOCKHOLDERS’ EQUITY 261,622 95,998
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 280,000 $ 109,367