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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 110,890 $ 136,377
Restricted cash 110 110
Prepaid expenses 4,031 2,488
Research and development tax rebate receivable 743 1,072
Other current assets 2,423 1,193
Total current assets 118,197 141,240
Investment in equity securities 4,700 0
Other assets 635 22
Total Assets 123,532 141,262
Current liabilities    
Accounts payable 2,965 1,717
Accrued expenses 1,059 204
Payroll liabilities 1,525 1,184
Other current liabilities 19 21
Total current liabilities 5,568 3,126
Total Liabilities 5,568 3,126
Commitments and contingencies (Note 14)
Stockholders' equity    
Series B convertible preferred stock - $0.001 par value; 10,000 shares authorized; 1 shares issued and outstanding as of December 31, 2022 and December 31, 2021 0 0
Common stock - $0.18 par value; 175,000 shares authorized; 126,624 shares issued and outstanding as of December 31, 2022 and December 31, 2021 22,792 22,792
Additional paid-in capital - common stock 250,784 243,996
Accumulated deficit (156,194) (129,234)
Total Stockholders' Equity 117,964 138,136
Total Liabilities and Stockholders' Equity 123,532 141,262
Series B Preferred Stock [Member]    
Stockholders' equity    
Additional paid-in capital - Series B convertible preferred stock $ 582 $ 582