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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 139,886 $ 219,684
Marketable securities 119,390 0
Prepaid expenses and other current assets 4,435 2,949
Restricted cash 1,255  
Total current assets 264,966 222,633
Operating lease, right-of-use asset 23,316 2,771
Property and equipment, net 7,783 1,706
Restricted cash   1,255
Other assets 4,745 3,727
Total assets 300,810 232,092
Current liabilities:    
Accounts payable 5,842 3,483
Accrued expenses and other current liabilities 17,884 8,210
CVR liability (Note 3) 1,700 3,060
Operating lease liability 1,423 2,324
Total current liabilities 26,849 17,077
Operating lease liability, net of current portion 18,226 831
Total liabilities 45,075 17,908
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value; 150,000,000 shares authorized; 69,893,434 shares and 43,805,922 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively 70 44
Additional paid-in capital 601,153 399,713
Accumulated other comprehensive loss (104)  
Accumulated deficit (411,214) (270,973)
Total stockholders’ equity 255,735 214,184
Total liabilities and stockholders’ equity 300,810 232,092
Series A Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value $ 65,830 $ 85,400