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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 95,161 $ 78,708
Research and development incentive receivable 1,053 917
Prepaid expenses and other current assets 5,157 3,682
Total current assets 101,371 83,307
Property and equipment, net 1,745 1,237
Goodwill 27,109 27,109
Right-of-use assets 9,430 7,960
Other assets 2,004 3,258
Total assets 141,659 122,871
Current liabilities:    
Accounts payable 2,528 3,144
Accrued expenses 9,607 8,018
Current portion of lease liability 985 786
Total current liabilities 13,120 11,948
Long-term debt, including accretion, net of discount 33,542 33,178
Lease liabilities 5,350 4,484
Other liabilities 434 462
Total liabilities 52,446 50,072
Commitments and contingencies (Note 9)
Redeemable common stock, 229,885 and zero issued and outstanding at June 30, 2021 and December 31, 2020, respectively (Note 11) 1,875 0
Stockholders’ equity:    
Common stock, $0.001 par value, 125,000,000 shares authorized as of each of June 30, 2021 and December 31, 2020; 24,584,858 and 16,305,731 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 25 16
Additional paid-in capital 319,921 267,077
Accumulated other comprehensive loss (119) (119)
Accumulated deficit (232,489) (194,175)
Total stockholders’ equity 87,338 72,799
Total liabilities, redeemable common stock and stockholders’ equity $ 141,659 $ 122,871