XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Convertible Preferred Stock and Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Convertible preferred stock, beginning balance, shares at Dec. 31, 2020   69,584,682        
Convertible preferred stock, beginning balance, value at Dec. 31, 2020   $ 221,405        
Beginning balance, shares at Dec. 31, 2020     25,189,673      
Beginning balance at Dec. 31, 2020 $ (113,984)   $ 3 $ 1,413 $ 2 $ (115,402)
Issuance of Series B-1 and B-2 convertible preferred stock for cash, shares   15,931,772        
Issuance of Series B-1 and B-2 convertible preferred stock for cash   $ 119,393        
Issuance of common stock in connection with asset acquisition, shares     500,000      
Issuance of common stock in connection with asset acquisition 1,680     1,680    
Exercise of stock options, shares     439,610      
Exercise of stock options 94     94    
Vesting of early exercised stock options 174     174    
Stock-based compensation expense 795     795    
Net loss (18,017)         (18,017)
Unrealized loss on marketable securities, net (1)       (1)  
Convertible preferred stock, ending balance, shares at Mar. 31, 2021   85,516,454        
Convertible preferred stock,ending balance, value at Mar. 31, 2021   $ 340,798        
Ending balance, shares at Mar. 31, 2021     26,129,283      
Ending balance at Mar. 31, 2021 (129,259)   $ 3 4,156 1 (133,419)
Convertible preferred stock, beginning balance, shares at Dec. 31, 2020   69,584,682        
Convertible preferred stock, beginning balance, value at Dec. 31, 2020   $ 221,405        
Beginning balance, shares at Dec. 31, 2020     25,189,673      
Beginning balance at Dec. 31, 2020 (113,984)   $ 3 1,413 2 (115,402)
Net loss (46,231)          
Convertible preferred stock, ending balance, shares at Jun. 30, 2021   85,516,454        
Convertible preferred stock,ending balance, value at Jun. 30, 2021   $ 340,798        
Ending balance, shares at Jun. 30, 2021     27,300,123      
Ending balance at Jun. 30, 2021 (149,997)   $ 3 11,634 (1) (161,633)
Convertible preferred stock, beginning balance, shares at Mar. 31, 2021   85,516,454        
Convertible preferred stock, beginning balance, value at Mar. 31, 2021   $ 340,798        
Beginning balance, shares at Mar. 31, 2021     26,129,283      
Beginning balance at Mar. 31, 2021 (129,259)   $ 3 4,156 1 (133,419)
Issuance of common stock in connection with license agreement, shares     944,945      
Issuance of common stock in connection with license agreement 5,488     5,488    
Exercise of stock options, shares     225,895      
Exercise of stock options 180     180    
Vesting of early exercised stock options 174     174    
Stock-based compensation expense 1,636     1,636    
Net loss (28,214)         (28,214)
Unrealized loss on marketable securities, net (2)       (2)  
Convertible preferred stock, ending balance, shares at Jun. 30, 2021   85,516,454        
Convertible preferred stock,ending balance, value at Jun. 30, 2021   $ 340,798        
Ending balance, shares at Jun. 30, 2021     27,300,123      
Ending balance at Jun. 30, 2021 $ (149,997)   $ 3 11,634 (1) (161,633)
Convertible preferred stock, beginning balance, shares at Dec. 31, 2021   0        
Beginning balance, shares at Dec. 31, 2021 121,382,547   121,382,547      
Beginning balance at Dec. 31, 2021 $ 456,528   $ 12 694,844 (162) (238,166)
Exercise of stock options, shares     357,244      
Exercise of stock options 460     460    
Vesting of early exercised stock options 479     479    
Repurchases of early exercised stock options and restricted stock, Shares     (6,945)      
Stock-based compensation expense 4,442     4,442    
Net loss (36,458)         (36,458)
Unrealized loss on marketable securities, net (789)       (789)  
Ending balance, shares at Mar. 31, 2022     121,732,846      
Ending balance at Mar. 31, 2022 $ 424,662   $ 12 700,225 (951) (274,624)
Convertible preferred stock, beginning balance, shares at Dec. 31, 2021   0        
Beginning balance, shares at Dec. 31, 2021 121,382,547   121,382,547      
Beginning balance at Dec. 31, 2021 $ 456,528   $ 12 694,844 (162) (238,166)
Net loss $ (72,066)          
Convertible preferred stock, ending balance, shares at Jun. 30, 2022   0        
Ending balance, shares at Jun. 30, 2022 122,063,473   122,063,473      
Ending balance at Jun. 30, 2022 $ 395,067   $ 12 706,510 (1,223) (310,232)
Beginning balance, shares at Mar. 31, 2022     121,732,846      
Beginning balance at Mar. 31, 2022 424,662   $ 12 700,225 (951) (274,624)
Exercise of stock options, shares     179,985      
Exercise of stock options 375     375    
Issuance of common stock under the Employee Stock Purchase Plan, Shares     150,642      
Issuance of common stock under the Employee Stock Purchase Plan 617     617    
Vesting of early exercised stock options 238     238    
Stock-based compensation expense 5,055     5,055    
Net loss (35,608)         (35,608)
Unrealized loss on marketable securities, net $ (272)       (272)  
Convertible preferred stock, ending balance, shares at Jun. 30, 2022   0        
Ending balance, shares at Jun. 30, 2022 122,063,473   122,063,473      
Ending balance at Jun. 30, 2022 $ 395,067   $ 12 $ 706,510 $ (1,223) $ (310,232)