XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 134,815 $ 148,989
Short-term investments 48,192 0
Accounts receivable, net 2,261 0
Inventory 734 0
Prepaid expenses and other current assets 3,861 2,283
Total current assets 189,863 151,272
Property and equipment, net 457 57
Operating lease right-of-use assets 1,573 557
Intangible asset, net 0 3,811
Other assets 2,210 2,213
Total assets 194,103 157,910
Current liabilities:    
Accounts payable 3,920 6,439
Accrued liabilities 13,597 8,703
Operating lease liabilities, current portion 374 131
Total current liabilities 17,891 15,273
Operating lease liabilities, net of current portion 1,347 474
Due to licensor 5,757 5,757
Total liabilities 24,995 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 September 30, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized; 24,395,117 and 20,894,695 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 2 2
Additional paid-in capital 358,490 279,089
Accumulated other comprehensive loss (99) 0
Accumulated deficit (189,285) (142,685)
Total stockholders’ equity 169,108 136,406
Total liabilities and stockholders’ equity $ 194,103 $ 157,910