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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 39,257 $ 90,672
Short-term investments 411,001 427,288
Prepaid expenses and other current assets 9,528 4,329
Total current assets 459,786 522,289
Property and equipment, net 2,546 2,673
Restricted cash 210 210
Operating lease right-of-use assets 4,719 5,573
Other long-term assets 4,164 3,306
Total assets 471,425 534,051
Current liabilities:    
Accounts payable and accrued expenses 15,583 20,192
Current operating lease liabilities 2,290 2,263
Total current liabilities 17,873 22,455
Long-term operating lease liabilities 3,602 4,612
Other long-term liabilities 459 375
Total liabilities 21,934 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; 66,838 and 66,572 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 7 7
Additional paid-in capital 957,489 941,359
Accumulated other comprehensive income (loss) (7,815) (1,789)
Accumulated deficit (500,190) (432,968)
Total stockholders' equity 449,491 506,609
Total liabilities and stockholders' equity $ 471,425 $ 534,051