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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 225,447 $ 122,661
Short-term investments 87,890 233,663
Accrued interest 409 450
Prepaid expenses and other current assets 2,299 4,543
Total current assets 316,045 361,317
Other assets 692  
Property and equipment, net 1,215 812
Operating lease right-of-use assets 9,559 8,692
Total assets 327,511 370,821
Current liabilities:    
Accounts payable 4,202 963
Accrued expenses 9,975 7,530
Operating lease liability, current 4,830 3,229
Amount due to related party 1,701 572
Total current liabilities 20,708 12,294
Operating lease liability, long term 4,334 5,463
Total liabilities 25,042 17,757
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively; 0 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively
Common stock, $0.0001 par value: 150,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively; 65,106,873 shares issued at June 30, 2021 and December 31, 2020, respectively; and 62,792,043 and 61,931,255 shares outstanding at June 30, 2021 and December 31, 2020, respectively 7 7
Additional paid-in capital 496,101 478,272
Accumulated other comprehensive loss (25) (112)
Accumulated deficit (193,614) (125,103)
Total stockholders’ equity 302,469 353,064
Total liabilities and stockholders’ equity $ 327,511 $ 370,821