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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 201,661 $ 122,661
Short-term investments 46,459 233,663
Accrued interest 50 450
Prepaid expenses and other current assets 5,178 4,543
Total current assets 253,348 361,317
Restricted Cash 852  
Other Assets 1,102  
Property and equipment, net 1,549 812
Operating lease right-of-use assets 29,743 8,692
Total assets 286,594 370,821
Current liabilities:    
Accounts payable 8,361 963
Accrued expenses 20,152 7,530
Income tax payable 1,007  
Operating lease liability, current 6,591 3,229
Amount due to related party 1,742 572
Total current liabilities 37,853 12,294
Operating lease liability, long term 23,475 5,463
Total liabilities 61,328 17,757
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value: 10,000,000 and 0 shares authorized at December 31, 2020 and 2019, respectively; 0 shares issued and outstanding at December 31, 2020 and 2019, respectively;
Common stock, $0.0001 par value: 150,000,000 and 90,000,000 shares authorized at December 31, 2020 and 2019, respectively; 65,106,873 and 6,502,929 shares issued at December 31, 2020 and 2019, respectively; and 61,931,255 and 2,099,740 shares outstanding at December 31, 2020 and 2019, respectively 7 7
Additional paid-in capital 522,479 478,272
Accumulated other comprehensive (loss) income (155) (112)
Accumulated deficit (297,065) (125,103)
Total stockholders’ equity (deficit) 225,266 353,064
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 286,594 $ 370,821