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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 115,826 $ 59,687
Marketable securities 203,495  
Unbilled receivable 2,000 2,000
Restricted cash, current 150  
Prepaid expenses and other current assets 2,440 364
Total current assets 323,911 62,051
Property and equipment, net 1,645 1,656
Restricted cash 198 149
Other assets   5
TOTAL ASSETS 325,754 63,861
CURRENT LIABILITIES:    
Accounts payable 1,710 5,086
Accrued expenses and other liabilities 8,691 2,981
Capital lease obligations, current portion   98
Deferred revenue, current portion   1,125
Term loan, current portion 480  
Total current liabilities 10,881 9,290
Deferred rent, noncurrent portion 8 28
Term loan, noncurrent 1,916  
Warrant liability   314
TOTAL LIABILITIES 12,805 9,632
Commitments and Contingencies (Note 6)
Convertible preferred units; no par value; no units and 61,498,146 units authorized as of December 31, 2021 and 2020, respectively; no units and 12,690,540 units issued and outstanding as of December 31, 2021 and 2020, respectively   107,374
STOCKHOLDERS’ EQUITY/MEMBERS’ (DEFICIT):    
Preferred stock; $0.0001 par value; 10,000,000 shares and no shares authorized as of December 31, 2021 and 2020, respectively; no shares issued and outstanding
Additional paid-in capital 416,710 1,603
Accumulated deficit (103,707) (54,748)
Accumulated other comprehensive loss (58)  
TOTAL STOCKHOLDERS’ EQUITY/MEMBERS’ (DEFICIT) 312,949 (53,145)
TOTAL LIABILITIES, CONVERTIBLE PREFERRED UNITS, AND STOCKHOLDERS’ EQUITY/MEMBERS’ (DEFICIT) 325,754 $ 63,861
Common Stock Class Undefined    
STOCKHOLDERS’ EQUITY/MEMBERS’ (DEFICIT):    
Common units, no par value; no units and 89,000,000 units authorized as of December 31, 2021 and 2020, respectively; no units and 2,248,687 units issued and outstanding as of December 31, 2021 and 2020, respectively $ 4