XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 118,737 $ 148,989
Accounts receivable, net 2,063 0
Inventory 727 0
Prepaid expenses and other current assets 2,808 2,283
Total current assets 124,335 151,272
Property and equipment, net 357 57
Operating lease right-of-use assets 1,653 557
Intangible asset, net 0 3,811
Other assets 2,291 2,213
Total assets 128,636 157,910
Current liabilities:    
Accounts payable 3,619 6,439
Accrued liabilities 8,653 8,703
Operating lease liabilities, current portion 324 131
Total current liabilities 12,596 15,273
Other liabilities 109 0
Operating lease liabilities, net of current portion 1,444 474
Due to licensor 5,757 5,757
Total liabilities 19,906 21,504
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized; 21,016,833 and 20,894,695 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 2 2
Additional paid-in capital 283,539 279,089
Accumulated deficit (174,811) (142,685)
Total stockholders’ equity 108,730 136,406
Total liabilities and stockholders’ equity $ 128,636 $ 157,910