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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 71,093 $ 201,661
Short-term investments 101,580 46,459
Interest receivable 91 50
Prepaid expenses and other current assets 3,753 5,178
Total current assets 176,517 253,348
Restricted cash 852 852
Other assets 857 1,102
Property and equipment, net 997 1,549
Operating lease right-of-use assets 20,772 29,743
Total assets 199,995 286,594
Current liabilities:    
Accounts payable 5,518 8,361
Accrued expenses 13,115 20,152
Income tax payable 154 1,007
Operating lease liability, current 2,238 6,591
Amount due to related party 563 1,742
Total current liabilities 21,588 37,853
Operating lease liability, long term 20,270 23,475
Total liabilities 41,858 61,328
Commitments and contingencies (see "Note 5 - Leases")
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; 0 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively  
Common stock, $0.0001 par value: 150,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; 65,562,014 and 65,170,332 shares issued at June 30, 2022 and December 31, 2021, respectively; and 64,788,103 and 63,565,886 shares outstanding at June 30, 2022 and December 31, 2021, respectively 7 7
Additional paid-in capital 544,141 522,479
Accumulated other comprehensive loss (444) (155)
Accumulated deficit (385,567) (297,065)
Total stockholders’ equity 158,137 225,266
Total liabilities and stockholders’ equity $ 199,995 $ 286,594