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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 274,735 $ 8,080
Restricted cash 1,472  
Prepaid expenses and other current assets 2,466 23
Total current assets 278,673 8,103
Property and equipment, net 1,007 1,103
Operating lease right-of-use assets 232 836
Other assets, noncurrent 109 109
Total assets 280,021 10,151
Current liabilities:    
Accounts payable 11,951 1,077
Accrued expenses and other current liabilities 6,592 1,997
Operating lease liabilities, current portion 165 615
Total current liabilities 18,708 3,689
Operating lease liabilities, net of current portion   165
Total liabilities 18,708 3,854
Commitments and contingencies (Note 16)
Stockholders' equity (deficit):    
Preferred stock, par value $0.001 per share, 10,000,000 and zero shares authorized as of December 31, 2021 and 2020, respectively, zero shares issued and outstanding at December 31, 2021 and 2020
Common stock, $0.001 par value per share; 190,000,000 and 40,300,000 shares authorized as of December 31, 2021 and 2020, respectively; 32,792,867 and 2,177,956 shares issued as of December 31, 2021 and 2020, respectively and 32,222,881 and 1,289,342 shares outstanding at December 31, 2021 and 2020, respectively 32 1
Additional paid-in capital 352,999 97
Accumulated deficit (91,718) (15,743)
Total stockholders' equity (deficit) 261,313 (15,645)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 280,021 10,151
Series A Convertible Preferred Stock    
Current liabilities:    
Convertible Preferred Stock   $ 21,942