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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 33,755 $ 45,747
Collaboration revenue receivable 5,000  
Prepaid expenses and other current assets 1,800 2,171
Total current assets 40,555 47,918
Property and equipment, net 4,275 4,503
Operating lease right-of-use assets 1,109 1,355
Restricted cash 329 329
Other assets 1,077 762
Total assets 47,345 54,867
Current liabilities:    
Accounts payable 2,408 3,125
Accrued expenses and other current liabilities 4,237 4,258
Operating lease liabilities 1,097 1,074
Deferred revenue 10,060 9,789
Total current liabilities 17,802 18,246
Operating lease liabilities, net of current portion 99 379
Deferred revenue, net of current portion 1,288 1,926
Total liabilities 19,189 20,551
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2022 and December 31, 2021; 13,009,896 and 13,007,178 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 13 13
Additional paid-in capital 228,552 227,700
Accumulated deficit (200,409) (193,397)
Total stockholders’ equity 28,156 34,316
Total liabilities and stockholders’ equity $ 47,345 $ 54,867