XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 47,077 $ 72,428
Short-term investments 42,627 44,261
Accounts receivable 4,394 502
Inventory 3,487 0
Prepaid expenses and other current assets 16,640 16,458
Total current assets 114,225 133,649
Right-of-use assets 11,910 12,752
Property and equipment, net 2,045 2,362
Other assets 1,228 1,150
Total assets 129,408 149,913
Current liabilities:    
Accounts payable 5,030 4,277
Accrued compensation and benefits 6,304 5,422
Current portion of long-term debt 26,139 32,264
Current portion of operating lease liability 3,592 3,492
Accrued expenses and other current liabilities 6,778 7,366
Total current liabilities 47,843 52,821
Operating lease liability, net of current portion 8,812 9,748
Deferred revenue, non-current 8,563 4,727
Total liabilities 65,218 67,296
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively. 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized; 136,330,360 and 130,182,535 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively. 14 13
Additional paid-in capital 805,265 795,540
Accumulated deficit (741,001) (712,930)
Accumulated other comprehensive loss (88) (6)
Total stockholders’ equity 64,190 82,617
Total liabilities and stockholders’ equity $ 129,408 $ 149,913