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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 87,862 $ 210,518
Short term investments 176,687 63,863
Prepaid expenses and other current assets 2,801 3,319
Total current assets 267,350 277,700
Right-of-use asset 398 445
Fixed assets, net 584 329
Other Assets 2,860 2,961
Total assets 271,192 281,435
Current liabilities:    
Accounts payable and accrued liabilities (including related party amounts of $307 and $16, respectively) 9,596 4,931
Lease liability, current 232 230
Contract liability, current 10 283
Total current liabilities 9,838 5,444
Lease liability, net of current portion 199 251
Contract liability, net of current portion 0 2,854
Total liabilities 10,037 8,549
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred Stock, $0.0001 par value per share; 10,000,000 shares authorized at March 31, 2023 and December 31, 2022; no shares issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value per share; 200,000,000 shares authorized at March 31, 2023 and December 31, 2022; 94,448,028 and 93,943,316 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 9 9
Additional paid-in capital 352,977 349,408
Accumulated other comprehensive gain 68 407
Accumulated deficit (91,899) (76,938)
Total stockholders' equity 261,155 272,886
Total liabilities, convertible preferred stock and stockholders' equity $ 271,192 $ 281,435