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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 10,780 $ 36,455
Available-for-sale securities 123,658 112,292
Accounts receivable from related party 10,000 11,402
Prepaid expenses and other current assets 6,805 4,042
Total current assets 151,243 164,191
Available-for-sale securities, long-term 5,003 13,547
Property and equipment, net 5,110 5,611
Right-of-use asset, operating 11,116  
Right-of-use asset, finance 185  
Other assets 1,128 1,128
Total assets 173,785 184,477
Current liabilities:    
Accounts payable 1,211 4,012
Accrued expenses and other current liabilities 5,328 7,712
Deferred collaboration liability, current 7,888 8,118
Deferred rent and lease incentive obligation, current   696
Operating lease liability, current 3,502  
Finance lease liability, current 180  
Total current liabilities 18,109 20,538
Long-term liabilities:    
Deferred collaboration liability, long term 13,660 16,431
Deferred rent and lease incentive obligation, long term   4,208
Operating lease liability, long term 12,326  
Other long-term liabilities 1,570 1,611
Total liabilities 45,665 42,788
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued and outstanding at March 31, 2022 and December 31, 2021
Common stock, $0.001 par value; 200,000,000 shares authorized, 24,964,502 shares issued and 24,956,556 shares outstanding at March 31, 2022; 200,000,000 shares authorized, 24,964,520 shares issued and 24,951,983 shares outstanding at December 31, 2021 25 25
Additional paid-in capital 357,150 356,308
Accumulated other comprehensive loss (527) (132)
Accumulated deficit (228,528) (214,512)
Total stockholders' equity 128,120 141,689
Total liabilities and stockholders' equity $ 173,785 $ 184,477