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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 279,048 $ 230,042
Accounts receivable 0 18,000
Prepaid expenses and other current assets 6,719 3,398
Total current assets 285,767 251,440
Operating lease right-of-use assets 15,548 1,067
Property and equipment, net 2,021 1,335
Restricted cash 1,327 1,327
Other long term assets 2,118 82
TOTAL ASSETS 306,781 255,251
CURRENT LIABILITIES:    
Accounts payable 3,339 3,645
Current portion of operating lease liabilities 455 862
Accrued expenses and other current liabilities 12,753 7,339
Total current liabilities 16,547 11,846
Operating lease liabilities, net of current portion 12,811 231
Total liabilities 29,358 12,077
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS’ EQUITY:    
Preferred stock, par value of $0.0001 per share; 10,000,000 shares authorized as of December 31, 2022 and December 31, 2021, respectively; no shares issued and outstanding 0 0
Common stock, par value of $0.0001 per share; 200,000,000 and 200,000,000 shares authorized as of December 31, 2022 and December 31, 2021, respectively; 27,543,453 and 23,974,834 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively 2 2
Additional paid-in capital 505,855 366,927
Accumulated deficit (228,434) (123,755)
Total stockholders’ equity 277,423 243,174
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 306,781 $ 255,251