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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 136,379 $ 144,514
Prepaid expenses and other current assets 3,904 2,591
Total current assets 140,283 147,105
Property and equipment, net 2,142 2,243
Operating lease, right-of-use ("ROU") asset 3,819 4,089
Other assets 320 320
Total assets 146,564 153,757
Current liabilities:    
Accounts payable 257 867
Accrued expenses 8,050 8,775
Operating lease obligations, current portion 1,027 989
Total current liabilities 9,334 10,631
Operating lease obligations, long-term portion 2,740 3,048
Total liabilities 12,074 13,679
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized and no shares issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value: 300,000 shares authorized; 101,286 and 101,303 shares issued at March 31, 2022 and December 31, 2021, respectively; 100,905 and 100,832 shares outstanding at March 31, 2022 and December 31, 2021, respectively 10 10
Additional paid-in-capital 375,231 373,657
Accumulated deficit (240,751) (233,589)
Total stockholders' equity 134,490 140,078
Total liabilities and stockholders' equity $ 146,564 $ 153,757