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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 35,098 $ 35,412
Marketable securities 167,823 182,750
Accounts receivable 0 2,500
Unbilled accounts receivable 229 1,137
Prepaid expenses and other current assets 4,369 4,199
Total current assets 207,519 225,998
Property and equipment, net 6,906 7,368
Operating lease right-of-use assets 9,063 0
Restricted cash 1,092 1,092
Other assets 2,105 542
Total assets 226,685 235,000
Current liabilities:    
Accounts payable 3,638 4,788
Accrued expenses and other current liabilities 9,551 9,231
Deferred lease incentive, current portion 0 469
Operating lease liability, current 2,602 0
Deferred revenue, current portion 934 4,711
Total current liabilities 16,725 19,199
Other liabilities, excluding current portion 197 0
Operating lease liability, excluding current portion 10,821 0
Deferred rent, excluding current portion 0 1,680
Deferred lease incentive, excluding current portion 0 2,582
Total liabilities 27,743 23,461
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.001 par value; 200,000,000 shares authorized; 52,099,211 and 40,636,398 shares issued as of December 31, 2022 and December 31, 2021, respectively; 52,099,211 and 40,626,224 shares outstanding as of December 31, 2022 and December 31, 2021, respectively 52 41
Treasury stock, at cost; no shares 0 0
Additional paid-in capital 612,025 514,362
Accumulated other comprehensive loss (797) (397)
Accumulated deficit (412,338) (302,467)
Total stockholders’ equity 198,942 211,539
Total liabilities and stockholders’ equity $ 226,685 $ 235,000