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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 14,637 $ 15,142
Marketable securities 52,088 77,986
License and development receivables 1,012 815
Prepaid expenses and other current assets 4,859 4,948
Total current assets 72,596 98,891
Restricted cash 1,828 1,838
Property and equipment, net 4,234 4,549
Operating lease right-of-use assets 3,712 3,806
Other non-current assets 800 842
TOTAL ASSETS 83,170 109,926
CURRENT LIABILITIES    
Accounts payable 2,981 3,319
Operating lease liabilities 457 436
Deferred revenue 2,069 2,359
Accrued and other current liabilities 10,791 14,030
Total current liabilities 16,298 20,144
Non-current operating lease liabilities 4,467 4,608
Deferred revenue, net of current portion 740 1,217
Other non-current liabilities 8 16
TOTAL LIABILITIES 21,513 25,985
Commitments and Contingencies (Note 7)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2022 and December 31, 2021; no shares issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 500,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 49,419,873 shares and 49,355,130 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 5 5
Additional paid-in capital 428,050 425,765
Accumulated other comprehensive loss (153) (20)
Accumulated deficit (366,245) (341,809)
TOTAL STOCKHOLDERS’ EQUITY 61,657 83,941
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 83,170 $ 109,926