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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 66,427 $ 81,787
Research and development incentive receivable 868 747
Prepaid expenses and other current assets 3,586 5,344
Total current assets 70,881 87,878
Property and equipment, net 1,403 1,514
Goodwill 17,351 17,351
Right-of-use assets 8,344 8,710
Other assets 1,646 1,723
Total assets 99,625 117,176
Current liabilities:    
Accounts payable 3,569 4,283
Accrued expenses 6,877 7,870
Current portion of lease liability 1,109 1,075
Current portion of long-term debt 3,415 795
Total current liabilities 14,970 14,023
Long-term debt, net of discount and current portion 29,809 33,139
Lease liabilities 4,482 4,776
Other liabilities 650 826
Total liabilities 49,911 52,764
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value, 125,000,000 shares authorized as of each of March 31, 2022 and December 31, 2021; 30,809,476 and 28,127,657 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 31 28
Additional paid-in capital 354,638 347,374
Accumulated other comprehensive loss (119) (119)
Accumulated deficit (304,836) (282,871)
Total stockholders’ equity 49,714 64,412
Total liabilities and stockholders’ equity $ 99,625 $ 117,176