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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 44,664 $ 59,537
Receivable related to asset purchase agreement 127  
Prepaid expenses and other current assets 2,478 1,915
Total current assets 47,269 61,452
Restricted cash 270 270
Property and equipment, net 492 556
Operating lease right-of-use asset 2,205 2,478
Total assets 50,236 64,756
Current liabilities:    
Accounts payable 2,124 3,650
Accrued and other liabilities 9,251 10,356
Total current liabilities 11,375 14,006
Noncurrent operating lease liability 1,295 1,666
Total liabilities 12,670 15,672
Commitments and contingencies
Convertible preferred stock; $0.0001 par value; 10,000 shares authorized as of March 31, 2022 and December 31, 2021; 1,000 shares issued and outstanding as of March 31, 2022 and December 31, 2021; $35,000 liquidation preference as of March 31, 2022 and December 31, 2021 (Note 7) 40,702 40,702
Stockholders' (deficit) equity:    
Common stock, $0.0001 par value, 200,000 shares authorized as of March 31, 2022, and December 31, 2021; 78,718 and 77,144 shares issued and outstanding as of March 31, 2022, and December 31, 2021, respectively 8 8
Additional paid-in capital 502,017 499,700
Accumulated deficit (505,161) (491,326)
Total stockholders' (deficit) equity (3,136) 8,382
Total liabilities, convertible preferred stock and stockholders' (deficit) equity $ 50,236 $ 64,756