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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 16,767 $ 115,826
Marketable securities 265,454 203,495
Accounts receivable, net 1,500  
Unbilled receivable   2,000
Restricted cash, current   150
Prepaid expenses and other current assets 1,155 2,440
Total current assets 284,876 323,911
Property and equipment, net 3,109 1,645
Restricted cash 198 198
Operating lease right-of-use assets 13,844  
Other noncurrent assets 554  
TOTAL ASSETS 302,581 325,754
CURRENT LIABILITIES:    
Accounts payable 1,963 1,710
Accrued expenses and other current liabilities 8,783 8,691
Operating lease liabilities, current portion 1,320  
Term loan, current portion   480
Total current liabilities 12,066 10,881
Operating lease liabilities, noncurrent 12,580  
Other noncurrent liabilities   8
Term loan, noncurrent   1,916
TOTAL LIABILITIES 24,646 12,805
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, and no shares issued and outstanding as of June 30, 2022 and December 31, 2021
Common stock, $0.0001 par value; 500,000,000 shares authorized, 38,210,826 and 38,224,299 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 4 4
Additional paid-in capital 423,333 416,710
Accumulated deficit (143,820) (103,707)
Accumulated other comprehensive loss (1,582) (58)
TOTAL STOCKHOLDERS’ EQUITY 277,935 312,949
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 302,581 $ 325,754