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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 113,484 $ 153,001
Marketable securities 127,604 94,776
Accounts receivable 0 47
Prepaid expenses and other current assets (includes $0 and $285 at June 30, 2022 and December 31, 2021, respectively, attributable to related parties) 5,435 8,456
Total current assets 246,523 256,280
Marketable securities, long-term 20,532 67,652
Property and equipment, net 21,097 14,391
Operating lease right-of-use assets 13,821 14,562
Other assets 963 602
Total assets 302,936 353,487
Current liabilities    
Accounts payable 3,316 4,764
Accrued and other current liabilities 6,163 7,744
Deferred revenue 2,256 2,599
Operating lease liabilities, current portion 2,596 1,231
Total current liabilities 14,331 16,338
Deferred revenue, net of current portion 1,452 2,491
Derivative liability 222 214
Long-term portion of operating lease liabilities 14,402 15,217
Other liabilities 12 120
Total liabilities 30,419 34,380
Commitments and contingencies (Note 9)
Stockholders’ equity    
Common stock, $0.0001 par value, 300,000,000 shares authorized at June 30, 2022 and December 31, 2021; 32,376,878 and 32,224,524 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 3 3
Additional paid-in-capital 535,761 526,523
Accumulated other comprehensive loss (1,827) (423)
Accumulated deficit (261,420) (206,996)
Total stockholders’ equity 272,517 319,107
Total liabilities and stockholders’ equity $ 302,936 $ 353,487