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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 19,253 $ 22,461
Marketable securities 52,696 52,052
Prepaid expenses and other current assets 2,556 2,158
Total current assets 74,505 76,671
Restricted cash 1,500  
Property and equipment, net 2,385 1,018
Operating lease right-of-use assets 4,726  
Other non-current assets 67 50
TOTAL ASSETS 83,183 77,739
CURRENT LIABILITIES    
Accounts payable 3,154 663
Operating lease liabilities 351  
Accrued and other current liabilities 14,854 9,576
Total current liabilities 18,359 10,239
Non-current operating lease liabilities 4,712  
Other non-current liabilities 31 72
TOTAL LIABILITIES 23,102 10,311
Commitments and Contingencies (Note 14)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2019 and 2018; no shares issued and outstanding as of December 31, 2019 and 2018
Common stock, $0.0001 par value; 500,000,000 shares authorized as of December 31, 2019 and 2018, 29,084,437 shares and 24,140,097 shares issued and outstanding as of December 31, 2019 and 2018, respectively 3 2
Additional paid-in capital 255,142 184,314
Accumulated other comprehensive income (loss) 51 (27)
Accumulated deficit (195,115) (116,861)
TOTAL STOCKHOLDERS’ EQUITY 60,081 67,428
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 83,183 $ 77,739