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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 219,684 $ 242,190
Prepaid expenses and other current assets 2,949 2,722
Total current assets 222,633 244,912
Operating lease, right-of-use asset 2,771 4,615
Property and equipment, net 1,706 134
Restricted cash 1,255 1,255
Other assets 3,727  
Total assets 232,092 250,916
Current liabilities:    
Accounts payable 3,483 732
Accrued expenses and other current liabilities 8,210 4,779
CVR liability (Note 3) 3,060 5,531
Operating lease liability 2,324 2,052
Total current liabilities 17,077 13,094
Operating lease liability, net of current portion 831 3,155
Total liabilities 17,908 16,249
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, value
Common stock, $0.001 par value; 150,000,000 shares authorized; 43,805,922 shares and 32,347,905 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 44 32
Additional paid-in capital 399,713 322,454
Accumulated deficit (270,973) (198,700)
Total stockholders’ equity 214,184 234,667
Total liabilities and stockholders’ equity 232,092 250,916
Series A Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value $ 85,400 $ 110,881