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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 53,668 $ 115,826
Marketable securities 249,563 203,495
Unbilled receivable 2,000 2,000
Restricted cash, current 150 150
Prepaid expenses and other current assets 1,615 2,440
Total current assets 306,996 323,911
Property and equipment, net 3,088 1,645
Restricted cash 198 198
Operating lease right-of-use assets 14,327  
TOTAL ASSETS 324,609 325,754
CURRENT LIABILITIES:    
Accounts payable 4,753 1,710
Accrued expenses and other current liabilities 8,154 8,691
Operating lease liabilities, current portion 1,173  
Term loan, current portion 714 480
Total current liabilities 14,794 10,881
Operating lease liabilities, noncurrent 12,936  
Other noncurrent liabilities   8
Term loan, noncurrent 1,710 1,916
TOTAL LIABILITIES 29,440 12,805
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, and no shares issued and outstanding as of March 31, 2022 and December 31, 2021
Additional paid-in capital 418,603 416,710
Accumulated deficit (122,298) (103,707)
Accumulated other comprehensive loss (1,140) (58)
TOTAL STOCKHOLDERS’ EQUITY 295,169 312,949
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 324,609 325,754
Common Stock Class Undefined    
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value; 500,000,000 shares authorized, 38,229,275 and 38,224,299 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively $ 4 $ 4