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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 56,494 $ 76,938
Prepaid manufacturing services 7,308 7,315
Prepaid expenses and other current assets 6,111 5,918
Total current assets 69,913 90,171
Property and equipment, net of accumulated depreciation of $12,887 and $11,809 22,456 23,479
Restricted cash 4,170 4,170
Operating right-of-use assets 21,638 21,957
Prepaid manufacturing services, net of current portion 31,893 31,893
Total assets 150,070 171,670
Current liabilities:    
Accounts payable 1,516 1,838
Accrued expenses 6,808 9,703
Deferred revenue 442 12,963
Operating lease liabilities 2,775 2,661
Total current liabilities 11,541 27,165
Long-term liabilities:    
Deferred revenue, net of current portion 30,503 30,686
Note payable, net of discount 25,514 25,430
Operating lease liabilities, net of current portion 34,133 34,884
Total liabilities 101,691 118,165
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock, $0.0001 par value; 150,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 22,493,867 and 22,383,830 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 2 2
Additional paid-in capital 381,652 378,750
Accumulated deficit (333,275) (325,247)
Total stockholders' equity 48,379 53,505
Total liabilities and stockholders' equity $ 150,070 $ 171,670