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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 90,938 $ 35,412
Marketable securities 130,851 182,750
Accounts receivable 13 2,500
Unbilled accounts receivable 790 1,137
Prepaid expenses and other current assets 5,135 4,199
Total current assets 227,727 225,998
Property and equipment, net 7,375 7,368
Operating lease right-of-use assets 9,513 0
Restricted cash 1,092 1,092
Other assets 2,098 542
Total assets 247,805 235,000
Current liabilities:    
Accounts payable 2,728 4,788
Accrued expenses and other current liabilities 8,039 9,231
Deferred revenue, current portion 1,389 4,711
Operating Lease Liability, current 2,543 0
Deferred lease incentive, current portion 0 469
Total current liabilities 14,699 19,199
Operating lease liability, excluding current portion 11,495 0
Other liabilities, excluding current portion 197
Deferred rent, excluding current portion 1,680
Deferred lease incentive, excluding current portion 0 2,582
Total liabilities 26,391 23,461
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized; 41,008,205 and 40,636,398 shares issued as of June 30, 2022 and December 31, 2021, respectively; 41,008,205 and 40,626,224 shares outstanding as of June 30, 2022 and December 31, 2021, respectively 52 41
Treasury stock, at cost; no shares 0 0
Additional paid-in capital 608,486 514,362
Accumulated other comprehensive loss (921) (397)
Accumulated deficit (386,203) (302,467)
Total stockholders’ equity 221,414 211,539
Total liabilities and stockholders’ equity $ 247,805 $ 235,000