XML 10 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 33,832 $ 90,672
Short-term investments 446,243 427,288
Prepaid expenses and other current assets 6,959 4,329
Total current assets 487,034 522,289
Property and equipment, net 2,567 2,673
Restricted cash 210 210
Operating lease right-of-use assets 5,149 5,573
Other long-term assets 3,625 3,306
Total assets 498,585 534,051
Current liabilities:    
Accounts payable 1,337 3,236
Accrued expenses 14,112 16,956
Current operating lease liabilities 2,276 2,263
Total current liabilities 17,725 22,455
Long-term operating lease liabilities 4,114 4,612
Other long-term liabilities 496 375
Total liabilities 22,335 27,442
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares issued and outstanding
Common stock, $0.0001 par value; 200,000 shares authorized; 66,636 and 66,572 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 7 7
Additional paid-in capital 948,312 941,359
Accumulated other comprehensive income (loss) (6,648) (1,789)
Accumulated deficit (465,421) (432,968)
Total stockholders' equity 476,250 506,609
Total liabilities and stockholders' equity $ 498,585 $ 534,051