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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 29,859 $ 29,519
Short-term investments 112,231 98,232
Prepaid expenses and other current assets 2,402 4,344
Total current assets 144,492 132,095
Property and equipment, net 2,003 2,092
Operating lease right-of-use assets 4,186 4,770
Long-term investments   41,881
Restricted cash 411 388
Total assets 151,092 181,226
Current liabilities:    
Accounts payable 1,504 904
Accrued expenses and other current liabilities 7,019 4,886
Operating lease liabilities, current 776 726
Total current liabilities 9,299 6,516
Operating lease liabilities, long-term 3,644 4,235
Total liabilities 12,943 10,751
Commitments and contingencies (Note 12)
Stockholders’ deficit:    
Common stock, par value $0.001; 500,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 22,104,469 and 21,920,402 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively. 22 22
Additional paid-in capital 235,597 226,580
Accumulated other comprehensive loss (302) (95)
Accumulated deficit (97,168) (56,032)
Total stockholders' equity 138,149 170,475
Total liabilities and stockholders' equity $ 151,092 $ 181,226