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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 160,698 $ 139,886
Marketable securities 59,566 119,390
Prepaid expenses and other current assets 4,751 4,435
Restricted cash 1,255 1,255
Total current assets 226,270 264,966
Operating lease, right-of-use asset 23,122 23,316
Property and equipment, net 9,031 7,783
Other assets 4,775 4,745
Total assets 263,198 300,810
Current liabilities:    
Accounts payable 4,172 5,842
Accrued expenses and other current liabilities 16,001 17,884
CVR liability (Note 3)   1,700
Operating lease liability 947 1,423
Total current liabilities 21,120 26,849
Operating lease liability, net of current portion 18,515 18,226
Total liabilities 39,635 45,075
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock, $0.001 par value; 150,000,000 shares authorized; 70,946,790 shares and 69,893,434 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 71 70
Additional paid-in capital 610,967 601,153
Accumulated other comprehensive income (loss) 16 (104)
Accumulated deficit (449,801) (411,214)
Total stockholders’ equity 223,563 255,735
Total liabilities and stockholders’ equity 263,198 300,810
Series A Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value $ 62,310 $ 65,830