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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 233,587 $ 114,634
Accounts receivable, net 8,517  
Inventories 3,820  
Other current assets 3,445 7,729
Total current assets 249,369 122,363
Property and equipment, net 1,919 1,825
Operating lease right-of-use assets 3,398 4,569
Other assets 4,793 3,290
TOTAL ASSETS 259,479 132,047
LIABILITIES    
Accounts payable 6,803 9,372
Accrued liabilities 12,169 8,197
Operating lease liabilities, current portion 2,014 1,966
Total current liabilities 20,986 19,535
Accrued milestone and royalty payments 2,250 2,695
Operating lease liabilities, long-term portion 988 2,013
Other liabilities 939 1,968
TOTAL LIABILITIES 25,163 26,211
Commitments and contingencies (Note 8)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 5,500,000 shares authorized at June 30, 2021 and December 31, 2020; none issued at June 30, 2021 and December 31, 2020
Common stock, $0.0001 par value, 100,000,000 shares authorized at June 30, 2021 and December 31, 2020; 43,576,950 and 40,688,447 shares issued at June 30, 2021 and December 31, 2020, respectively 4 4
Additional paid in capital 509,049 391,558
Accumulated other comprehensive loss (13) (526)
Accumulated deficit (274,724) (285,200)
TOTAL STOCKHOLDERS' EQUITY 234,316 105,836
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 259,479 $ 132,047