XML 10 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 77,821 $ 90,584
Short-term investments 44,267 56,835
Prepaid expenses and other current assets 4,920 5,682
Insurance recovery receivable related to legal settlement (Note 7) 1,628 1,628
Total current assets 128,636 154,729
Restricted cash 631 631
Property and equipment, net 3,144 3,388
Operating lease right-of-use asset 992 1,049
Other long-term assets 55 448
Total assets 133,458 160,245
Current liabilities:    
Accounts payable 681 129
Accrued liabilities 14,537 18,343
Accrued legal settlement 10,000 10,000
Current operating lease liability 380 368
Total current liabilities 25,598 28,840
Operating lease liability, less current portion 1,118 1,217
Total liabilities 26,716 30,057
Stockholders' equity:    
Common stock, $0.0001 par value; 900,000,000 shares authorized at March 31, 2024 and December 31, 2023, respectively; 38,326,652 and 38,172,603 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 4 4
Additional paid-in capital 442,418 439,739
Accumulated other comprehensive loss (137) (349)
Accumulated deficit (335,543) (309,206)
Total stockholders' equity 106,742 130,188
Total liabilities and stockholders' equity $ 133,458 $ 160,245