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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 95,627 $ 106,092
Short-term investments 117,691 127,703
Interest receivable 234 157
Prepaid expenses and other current assets 5,892 7,100
Prepaid expenses to related party 575 2,000
Total current assets 220,019 243,052
Restricted cash 852 852
Other assets 1,425 612
Property and equipment, net 673 930
Operating lease right-of-use assets 25,343 31,633
Total assets 248,312 277,079
Current liabilities:    
Accounts payable 3,925 3,004
Accrued expenses 15,924 13,985
Income tax payable 0 128
Operating lease liability, current 12,976 7,165
Total current liabilities 33,066 24,338
Operating lease liability, long term 19,912 28,222
Total liabilities 52,978 52,560
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized at September 30, 2023 and December 31, 2022, respectively; 0 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively
Common stock, $0.0001 par value: 300,000,000 and 150,000,000 shares authorized at September 30, 2023 and December 31, 2022, respectively; 113,972,541 and 93,268,069 shares issued at September 30, 2023 and December 31, 2022, respectively; and 113,966,594 and 93,093,243 shares outstanding at September 30, 2023 and December 31, 2022, respectively 11 9
Additional paid-in capital 792,020 690,753
Accumulated other comprehensive loss (200) (468)
Accumulated deficit (596,497) (465,775)
Total stockholders’ equity 195,334 224,519
Total liabilities and stockholders’ equity 248,312 277,079
Related Party    
Current liabilities:    
Amount due to related party $ 241 $ 56