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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 44,314 $ 24,872
Short term investments 83,974 46,844
Restricted cash 250  
Prepaid expenses and other current assets 5,105 868
Total current assets 133,643 72,584
Property and equipment, net 265 283
Right-of-use assets 1,086  
Long term investments 7,988  
Other assets 260 10
Total assets 143,242 72,877
Current liabilities:    
Accounts Payable 5,116 495
Accrued expenses and other current liabilities 1,909 962
Total current liabilities 7,025 1,457
Total liabilities 7,025 1,457
Commitments and contingencies (Note 6)
Stockholders’ deficit:    
Preferred Stock, $0.001 par value, 10,000,000 authorized, no shares issued and outstanding June 30, 2019 and no shares authorized, issued and outstanding at December 31, 2018
Common stock, $0.001 par value, 100,000,000 and 24,794,114 shares authorized, 26,841,149 and 3,412,366 issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 27 3
Additional paid in capital 183,678 245
Accumulated other comprehensive profit (loss) 80 (49)
Accumulated deficit (47,568) (32,825)
Total stockholders’ equity / (deficit) 136,217 (32,626)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity / (deficit) $ 143,242 72,877
Series A Redeemable Convertible Preferred Stock    
Current liabilities:    
Series A redeemable convertible preferred stock, par value $0.001, no shares authorized, issued and outstanding as of June 30, 2019 and 9,008,931 shares authorized, 9,008,919 shares issued and outstanding December 31, 2018; liquidation preference of $0 and $17,178 at June 30, 2019 and December 31, 2018, respectively   17,178
Series B Redeemable Convertible Preferred Stock    
Current liabilities:    
Series A redeemable convertible preferred stock, par value $0.001, no shares authorized, issued and outstanding as of June 30, 2019 and 9,008,931 shares authorized, 9,008,919 shares issued and outstanding December 31, 2018; liquidation preference of $0 and $17,178 at June 30, 2019 and December 31, 2018, respectively   $ 86,868