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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 54,223 $ 19,253
Marketable securities 85,753 52,696
Prepaid expenses and other current assets 4,423 2,556
Total current assets 144,399 74,505
Restricted cash 1,500 1,500
Property and equipment, net 5,216 2,385
Operating lease right-of-use assets 4,394 4,726
Other non-current assets 122 67
TOTAL ASSETS 155,631 83,183
CURRENT LIABILITIES    
Accounts payable 2,295 3,154
Operating lease liabilities 341 351
Accrued and other current liabilities 11,713 14,854
Total current liabilities 14,349 18,359
Non-current operating lease liabilities 4,947 4,712
Other non-current liabilities 61 31
TOTAL LIABILITIES 19,357 23,102
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of September 30, 2020 and December 31, 2019; no shares issued and outstanding as of September 30, 2020 and December 31, 2019
Common stock, $0.0001 par value; 500,000,000 shares authorized as of September 30, 2020 and December 31, 2019; 44,692,030 shares and 29,084,437 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 5 3
Additional paid-in capital 389,543 255,142
Accumulated other comprehensive income 20 51
Accumulated deficit (253,294) (195,115)
TOTAL STOCKHOLDERS’ EQUITY 136,274 60,081
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 155,631 $ 83,183