CONDENSED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 72,158	$ 3,924
Prepaid expenses	1,233	215
Other current assets	209	513
Total current assets	73,600	4,652
Restricted cash	216
Right-of-use assets	1,869
Deferred offering costs	2,347
Other assets	453	40
Total assets	78,485	4,692
Current liabilities:
Accounts payable	4,002	1,878
Term loan, current portion	1,908	1,252
Accrued expenses and other current liabilities	3,469	265
Accrued compensation and benefits	707	908
Total current liabilities	10,086	4,303
Term loan, net of current portion	2,561	3,193
Lease liability, net of current portion	1,738
Other liabilities	95	20
Total liabilities	14,480	7,516
Commitments and contingencies (Note 8)
Redeemable convertible preferred stock	115,446
Stockholders’ equity (deficit):
Common stock, $0.0001 par value, 130,518,922 and 41,000,000 shares authorized as of September 30, 2020 and December 31, 2019, respectively; 822,022 and 764,408 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively	1	1
Additional paid-in capital	1,061	664
Accumulated deficit	(52,503)	(31,302)
Total stockholders’ equity (deficit)	(51,441)	(30,637)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit)	78,485	4,692
Series A Redeemable Convertible Preferred Stock
Current liabilities:
Redeemable convertible preferred stock	27,813	$ 27,813
Series B Redeemable Convertible Preferred Stock
Current liabilities:
Redeemable convertible preferred stock	$ 87,633