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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 78,537 $ 59,248
Short-term Investments 162,427 235,607
Accounts receivable 862 1,025
Prepaid expenses and other current assets 11,623 12,507
Total current assets 253,449 308,387
Property and equipment, net 2,722 2,813
Right-of-use asset 1,442 1,522
Intangible assets, net 8,527 4,658
Restricted cash 328 328
Other long-term assets 18,356 11,815
Total assets 284,824 329,523
Current liabilities:    
Accounts payable 12,010 5,737
Accrued expenses and other current liabilities 25,199 30,084
Contract liability 9,440 7,000
Lease liability 625 606
Total current liabilities 47,274 43,427
Long-term liabilities:    
Lease liability 1,781 1,945
Total liabilities 49,055 45,372
Stockholders' equity:    
Preferred Stock, $0.001 par value: 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2022 and December 31, 2021
Common stock, $0.001 par value: 120,000,000 shares authorized; 50,393,731 and 50,283,574 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 50 50
Additional paid-in capital 818,051 813,041
Accumulated other comprehensive loss (629) (1)
Accumulated deficit (581,703) (528,939)
Total stockholders' equity 235,769 284,151
Total liabilities and stockholders' equity $ 284,824 $ 329,523