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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 123,834 $ 201,661
Short-term investments 140,273 46,459
Interest receivable 261 50
Prepaid expenses and other current assets 5,568 5,178
Prepaid expenses to related party 2,106  
Total current assets 272,042 253,348
Restricted cash 852 852
Other assets 734 1,102
Property and equipment, net 943 1,549
Operating lease right-of-use assets 19,127 29,743
Total assets 293,698 286,594
Current liabilities:    
Accounts payable 4,889 8,361
Accrued expenses 13,677 20,152
Income tax payable 154 1,007
Operating lease liability, current 1,918 6,591
Amount due to related party 81 1,742
Total current liabilities 20,719 37,853
Operating lease liability, long term 19,753 23,475
Total liabilities 40,472 61,328
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized at September 30, 2022 and December 31, 2021, respectively; 0 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively  
Common stock, $0.0001 par value: 150,000,000 shares authorized at September 30, 2022 and December 31, 2021, respectively; 93,119,302 and 65,170,332 shares issued at September 30, 2022 and December 31, 2021, respectively; and 92,640,109 and 63,565,886 shares outstanding at September 30, 2022 and December 31, 2021, respectively 9 7
Additional paid-in capital 681,419 522,479
Accumulated other comprehensive loss (563) (155)
Accumulated deficit (427,639) (297,065)
Total stockholders’ equity 253,226 225,266
Total liabilities and stockholders’ equity $ 293,698 $ 286,594