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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 34,863 $ 15,142
Marketable securities 20,848 77,986
Development receivable 375 815
Prepaid expenses and other current assets 6,172 4,948
Total current assets 62,258 98,891
Restricted cash 1,553 1,838
Property and equipment, net 3,220 4,549
Operating lease right-of-use assets 3,430 3,806
Other non-current assets 683 842
TOTAL ASSETS 71,144 109,926
CURRENT LIABILITIES    
Accounts payable 677 3,319
Operating lease liabilities 625 436
Deferred revenue 517 2,359
Accrued and other current liabilities 12,837 14,030
Total current liabilities 14,656 20,144
Non-current operating lease liabilities 4,004 4,608
Deferred revenue, net of current portion 2,179 1,217
Other non-current liabilities 0 16
TOTAL LIABILITIES 20,839 25,985
Commitments and Contingencies (Note 9)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2022 and 2021; no shares issued and outstanding as of December 31, 2022 and 2021 0 0
Common stock, $0.0001 par value; 500,000,000 shares authorized as of December 31, 2022 and 2021, 65,350,343 shares and 49,355,130 shares issued and outstanding as of December 31, 2022 and 2021, respectively 6 5
Additional paid-in capital 475,971 425,765
Accumulated other comprehensive (loss) income (48) (20)
Accumulated deficit (425,624) (341,809)
TOTAL STOCKHOLDERS’ EQUITY 50,305 83,941
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 71,144 $ 109,926