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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 155,579 $ 42,299
Short-term investments 268,971 154,666
Prepaid expenses and other current assets 6,521 2,747
Unbilled revenue - related party 102 451
Total current assets 431,173 200,163
Property and equipment, net 1,326 375
Operating lease right-of-use asset 1,610 1,680
Other assets 982 1,491
Total assets 435,091 203,709
Current liabilities:    
Accounts payable 14,234 2,329
Accrued liabilities 18,827 11,018
Current portion of deferred revenue - related party 288 289
Total current liabilities 33,349 13,636
Long-term debt, net 4,645 0
Deferred revenue - related party 861 1,149
Other liabilities 1,172 1,208
Total liabilities 40,027 15,993
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 200,000,000 shares authorized; 41,305,947 and 23,924,004 shares issued and outstanding as of December 31, 2022 and 2021, respectively 414 239
Additional paid-in capital 741,067 412,101
Accumulated other comprehensive loss (390) (157)
Accumulated deficit (488,174) (358,300)
Total stockholders’ equity 395,064 187,716
Total liabilities and stockholders’ equity 435,091 203,709
Series A Preferred Stock    
Stockholders’ equity:    
Preferred stock 85,470 118,164
Series B Preferred Stock    
Stockholders’ equity:    
Preferred stock $ 56,677 $ 15,669