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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 22,618 $ 27,383
Short-term investments 153,717 158,836
Prepaid expenses and other current assets 4,927 2,941
Total current assets 181,262 189,160
Property and equipment, net 6,525 6,158
Operating lease right-of-use assets 22,607 24,445
Restricted cash 1,565 1,565
Long-term investments 47,281 85,348
Other assets 997 1,042
Total assets 260,237 307,718
Current liabilities:    
Accounts payable 3,362 3,574
Accrued expenses and other current liabilities 9,607 12,384
Deferred revenue 3,508 2,869
Operating lease liabilities 2,145 2,501
Total current liabilities 18,622 21,328
Operating lease liabilities, net of current portion 20,749 21,854
Deferred revenue, non-current 12,698 14,207
Other long-term liabilities 200 210
Total liabilities 52,269 57,599
Commitments and contingencies (Note 7)
Stockholders' equity (deficit):    
Preferred stock, $0.00001 par value, authorized share-10,000,000 shares authorized at June 30, 2022 and December 31, 2021; zero shares issued and outstanding at June 30, 2022 and December 31, 2021 0 0
Common stock, $0.00001 par value; 200,000,000 shares authorized at June 30, 2022 and December 31, 2021; 37,641,459 and 37,399,694 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 0 0
Additional paid-in capital 463,103 457,430
Accumulated other comprehensive loss (1,803) (321)
Accumulated deficit (253,332) (206,990)
Total stockholders' equity (deficit): 207,968 250,119
Total liabilities, convertible preferred stock, and stockholders' equity (deficit) $ 260,237 $ 307,718