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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
[1]
Current assets    
Cash and cash equivalents $ 35,193 $ 50,882
Short-term investments 208,788 226,012
Accounts receivable 1,830 9,279
Tax credit receivable 83 83
Prepaid expenses and other current assets 4,825 4,498
Total current assets 250,719 290,754
Property and equipment, net 4,367 4,321
Other non-current assets 630 451
Total assets 255,716 295,526
Current liabilities    
Accounts payable 2,764 2,023
Accrued liabilities 8,168 9,576
Total current liabilities 10,932 11,599
Other long-term liabilities 804 866
Total liabilities 11,736 12,465
Stockholders’ equity    
Common stock, $0.0001 par value; 300,000,000 shares authorized at June 30, 2021 and December 31, 2020; and 35,853,916 and 35,552,795 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively; 3 3
Additional paid-in capital 407,522 400,918
Accumulated deficit (163,515) (117,828)
Accumulated other comprehensive loss (30) (32)
Total stockholders’ equity 243,980 283,061
Total liabilities and stockholders’ equity $ 255,716 $ 295,526
[1] The condensed balance sheet as of December 31, 2020 has been derived from the audited financial statements as of that date.