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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' (EQUITY) - USD ($)
$ in Thousands
Total
Initial Public Offering
Series A Redeemable Convertible Preferred Stock
Series B Redeemable Convertible Preferred Stock
Series C Redeemable Convertible Preferred Stock
Common Stock
Common Stock
Initial Public Offering
Additional Paid-in Capital
Additional Paid-in Capital
Initial Public Offering
Accumulated Other Comprehensive (Loss) Income
Accumulated Deficit
Beginning balance at Dec. 31, 2019 $ (192,833)             $ 2   $ 43 $ (192,878)
Temporary equity, Beginning balance, shares at Dec. 31, 2019     33,200,000 20,520,828 20,204,079            
Temporary equity, Beginning balance at Dec. 31, 2019     $ 44,169 $ 81,108 $ 89,507            
Beginning balance, shares at Dec. 31, 2019           2,997,040          
Issuance of Series B redeemable convertible preferred stock in conjunction with sponsored research agreement, shares       62,500              
Exercise of options to purchase common stock 18             18      
Exercise of options to purchase common stock, shares           5,340          
Accretion of preferred stock to redemption value (3,372)             (1,768)     1,604
Temporary equity, Accretion of preferred stock to redemption value     $ 662 $ 1,184 $ 1,526            
Stock-based compensation 1,750             1,750      
Unrealized loss on investments (41)                 (41)  
Net loss (22,502)                   (22,502)
Ending balance at Mar. 31, 2020 (216,980)             2   $ 2 (216,984)
Temporary equity, Ending balance, shares at Mar. 31, 2020     33,200,000 20,583,328 20,204,079            
Temporary equity, Ending balance at Mar. 31, 2020     $ 44,831 $ 82,292 $ 91,033            
Ending balance, shares at Mar. 31, 2020           3,002,380          
Beginning balance at Dec. 31, 2020 14,567         $ 2   302,655     (288,090)
Beginning balance, shares at Dec. 31, 2020           18,787,579          
Exercise of options to purchase common stock $ 316             316      
Exercise of options to purchase common stock, shares 46,807         46,807          
Stock-based compensation $ 2,273             2,273      
Issuance of common stock, net of issuance costs   $ 61,868             $ 61,868    
Issuance of common stock, net of issuance costs, shares             3,162,500        
Net loss (10,308)                   (10,308)
Ending balance at Mar. 31, 2021 $ 68,716         $ 2   $ 367,112     $ (298,398)
Ending balance, shares at Mar. 31, 2021           21,996,886