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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 65,713 $ 19,253
Marketable securities 92,017 52,696
Prepaid expenses and other current assets 4,136 2,556
Total current assets 161,866 74,505
Restricted cash 1,500 1,500
Property and equipment, net 4,896 2,385
Operating lease right-of-use assets 4,557 4,726
Other non-current assets 92 67
TOTAL ASSETS 172,911 83,183
CURRENT LIABILITIES    
Accounts payable 4,151 3,154
Operating lease liabilities 228 351
Accrued and other current liabilities 11,511 14,854
Total current liabilities 15,890 18,359
Non-current operating lease liabilities 4,695 4,712
Other non-current liabilities 68 31
TOTAL LIABILITIES 20,653 23,102
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of June 30, 2020 and December 31, 2019; no shares issued and outstanding as of June 30, 2020 and December 31, 2019
Common stock, $0.0001 par value; 500,000,000 shares authorized as of June 30, 2020 and December 31, 2019; 44,599,847 shares and 29,084,437 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 5 3
Additional paid-in capital 387,475 255,142
Accumulated other comprehensive income 39 51
Accumulated deficit (235,261) (195,115)
TOTAL STOCKHOLDERS’ EQUITY 152,258 60,081
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 172,911 $ 83,183