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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 65,799 $ 34,605
Investments 143,987 280,462
Prepaid expenses and other current assets 5,917 4,487
Total current assets 215,703 319,554
Property and equipment, net 3,035 385
Restricted cash 1,223 1,223
Right-of-use assets 27,705 8,402
Other non-current assets 16 106
Total assets 247,682 329,670
Current liabilities:    
Accounts payable 4,107 2,538
Accrued expenses and other current liabilities 19,535 11,680
Total current liabilities 23,642 14,218
Non-current operating lease liability 28,140 7,694
Total liabilities 51,782 21,912
Commitments and contingencies (Note 12) 0 0
Stockholders' equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 shares and 10,000,000 shares authorized at December 31, 2021 and 2020, respectively; no shares issued or outstanding at December 31, 2021 and 2020 0 0
Common stock; $0.0001 par value; 500,000,000 shares authorized at December 31, 2021 and 500,000,000 shares authorized at December 31, 2020; 36,234,624 shares issued and outstanding at December 31, 2021 and 36,078,383 shares issued and outstanding at December 31, 2020 5 5
Additional paid-in capital 440,129 425,363
Accumulated other comprehensive (loss) income (414) 614
Accumulated deficit (243,820) (118,224)
Total stockholders' equity 195,900 307,758
Total liabilities and stockholders' equity $ 247,682 $ 329,670