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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 247,087 $ 274,735
Restricted cash 1,472 1,472
Prepaid expenses and other current assets 2,698 2,466
Total current assets 251,257 278,673
Property and equipment, net 995 1,007
Operating lease right-of-use assets   232
Other assets, noncurrent 449 109
Total assets 252,701 280,021
Current liabilities:    
Accounts payable 2,055 11,951
Accrued expenses and other current liabilities 17,132 6,592
Operating lease liabilities, current portion   165
Total current liabilities 19,187 18,708
Total liabilities 19,187 18,708
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, par value $0.001 per share, 10,000,000 shares authorized as of March 31, 2022 and December 31, 2021, zero shares issued and outstanding as of March 31, 2022 and December 31, 2021
Common stock, $0.001 par value per share; 190,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 32,843,985 and 32,792,867 shares issued as of March 31, 2022 and December 31, 2021, respectively, and 32,374,907 and 32,222,881 shares outstanding as of March 31, 2022 and December 31, 2021, respectively 32 32
Additional paid-in capital 356,580 352,999
Accumulated deficit (123,098) (91,718)
Total stockholders' equity 233,514 261,313
Total liabilities and stockholders' equity $ 252,701 $ 280,021