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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 71,038 $ 133,481
Accounts receivable 144 494
Prepaid expenses and other current assets 3,369 8,576
Total current assets 74,551 142,551
Property and equipment, net 15,936 19,635
Operating right-of-use assets 32,752 5,053
In-process research and development 32,900 32,900
Goodwill 0 18,057
Restricted cash, non-current 2,568 2,268
Other assets 4,232 4,905
TOTAL ASSETS 162,939 225,369
CURRENT LIABILITIES:    
Accounts payable 1,097 3,737
Accrued expenses and other current liabilities 10,161 9,925
Operating lease liabilities, current 3,431 1,128
Total current liabilities 14,689 14,790
Deferred tax liability 3,461 3,461
Loan payable, non-current 14,653 0
Operating lease liabilities, non-current 34,255 4,887
Other liabilities 170 7
Total liabilities 67,228 23,145
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS’ EQUITY (DEFICIT):    
Preferred stock (undesignated), $0.001 par value; 10,000,000 shares authorized and no shares issued and outstanding as of December 31, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized as of December 31, 2022 and December 31, 2021; 48,053,596 and 47,512,182 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively 48 47
Additional paid-in capital 371,304 363,172
Accumulated deficit (275,641) (160,995)
Total stockholders' equity 95,711 202,224
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY $ 162,939 $ 225,369