XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 55,291 $ 92,046
Short-term marketable securities 197,308 154,724
Accounts receivable 697 1,103
Prepaid expenses and other current assets 2,753 3,123
Total current assets 256,049 250,996
Restricted cash 106 106
Long-term marketable securities 93,628 121,293
Property and equipment, net 5,274 4,763
Right-of-use assets 3,554 3,898
Other non-current assets 256 291
Total assets 358,867 381,347
Current liabilities    
Accounts payable 3,364 2,100
Accrued liabilities 12,628 12,320
Contract liability 39,224 29,040
Operating lease liabilities - current 1,741 1,699
Total current liabilities 56,957 45,159
Long-term contract liability 10,212 31,192
Long-term operating lease liabilities 3,031 3,482
Total liabilities 70,200 79,833
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized as of March 31, 2022 and December 31, 2021; no shares issued and outstanding as of March 31, 2022 and December 31, 2021
Common stock, $0.0001 par value, 300,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 38,639,922 and 38,533,045 shares issued and outstanding as of March 31, 2022 and December 31, 2021 4 4
Additional paid-in capital 482,228 478,970
Accumulated other comprehensive loss (2,804) (712)
Accumulated deficit (190,761) (176,748)
Total stockholders’ equity 288,667 301,514
Total liabilities and stockholders’ equity $ 358,867 $ 381,347