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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 62,620 $ 23,316
Short-term investments 88,860 88,485
Prepaid expenses and other current assets 2,268 3,541
Total current assets 153,748 115,342
Property and equipment, net 2,208 2,383
Other assets 379 354
Right-of-use assets 1,844 2,053
Prepaid expenses, net of current portion 3,810 3,409
Total assets 161,989 123,541
Current liabilities:    
Accounts payable 1,339 2,394
Accrued expenses 8,461 8,508
Operating lease liabilities 773 731
Total current liabilities 10,573 11,633
Operating lease liabilities, net of current portion 2,240 2,640
Total liabilities 12,813 14,273
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value - 5,000,000 shares authorized at June 30, 2022 and December 31, 2021; No shares issued and outstanding at June 30, 2022 or December 31, 2021 0 0
Common Stock, $0.0001 par value - 200,000,000 shares authorized at June 30, 2022 and December 31, 2021; 40,097,076 shares issued and outstanding at June 30, 2022 and 23,668,747 shares issued and outstanding at December 31, 2021 4 2
Additional paid in-capital 329,414 256,948
Accumulated other comprehensive (loss) income (397) 18
Accumulated deficit (179,845) (147,700)
Total stockholders’ equity 149,176 109,268
Total liabilities and stockholders’ equity $ 161,989 $ 123,541