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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
[1]
Current assets:    
Cash and cash equivalents $ 53,271 $ 73,456
Short-term marketable securities 140,273 198,036
Prepaid expenses and other current assets 8,623 9,787
Restricted cash 1,499 0
Total current assets 204,402 288,859
Property and equipment, net 7,760 8,496
Operating lease right-of-use asset 1,067 2,096
Restricted cash 2,455 3,954
Other non-current assets 4,860 3,997
Total assets 220,544 307,402
Current liabilities:    
Accounts payable 5,855 8,453
Accrued liabilities 19,128 33,638
Operating lease liability, current 2,751 5,385
Contract liabilities 689 366
Total current liabilities 28,423 47,842
Total liabilities 28,423 47,842
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued or outstanding as of June 30, 2023 and December 31, 2022, respectively 0 0
Common stock, $0.001 par value; 400,000 shares authorized; 82,711 and 81,885 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 83 82
Additional paid-in capital 859,728 841,413
Accumulated other comprehensive loss (149) (302)
Accumulated deficit (667,541) (581,633)
Total stockholders' equity 192,121 259,560
Total liabilities and stockholders' equity 220,544 307,402
Related party    
Current assets:    
Related party receivable from collaboration $ 736 $ 7,580
[1] The condensed consolidated balance sheet as of December 31, 2022 has been derived from the audited financial statements as of that date.