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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 15,142 $ 90,095
Marketable securities 77,986 56,178
License and development receivable 815 0
Prepaid expenses and other current assets 4,948 3,516
Total current assets 98,891 149,789
Restricted cash 1,838 1,842
Property and equipment, net 4,549 5,642
Operating lease right-of-use assets 3,806 4,230
Other non-current assets 842 115
TOTAL ASSETS 109,926 161,618
CURRENT LIABILITIES    
Accounts payable 3,319 2,254
Operating lease liabilities 436 319
Deferred revenue 2,359 0
Accrued and other current liabilities 14,030 13,870
Total current liabilities 20,144 16,443
Non-current operating lease liabilities 4,608 5,129
Deferred revenue, net of current portion 1,217 0
Other non-current liabilities 16 214
TOTAL LIABILITIES 25,985 21,786
Commitments and Contingencies (Note 9)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as ofDecember 31, 2020 and 2019; no shares issued and outstanding as ofDecember 31, 2020 and 2019
Common stock, $0.0001 par value; 500,000,000 shares authorized as of December 31, 2021 and 2020, 49,355,130 shares and 47,959,086 shares issued and outstanding as of December 31, 2021 and 2020, respectively 5 5
Additional paid-in capital 425,765 415,824
Accumulated other comprehensive (loss) income (20) 11
Accumulated deficit (341,809) (276,008)
TOTAL STOCKHOLDERS’ EQUITY 83,941 139,832
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 109,926 $ 161,618