Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 223,355	$ 274,735
Restricted cash	1,472	1,472
Prepaid expenses and other current assets	1,768	2,466
Total current assets	226,595	278,673
Property and equipment, net	965	1,007
Operating lease right-of-use assets	15,003	232
Other assets, noncurrent		109
Total assets	242,563	280,021
Current liabilities:
Accounts payable	7,820	11,951
Accrued expenses and other current liabilities	7,096	6,592
Operating lease liabilities, current portion		165
Total current liabilities	14,916	18,708
Operating lease liabilities, net of current portion	15,681
Total liabilities	30,597	18,708
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, par value $0.001 per share, 10,000,000 shares authorized as of June 30, 2022 and December 31, 2021, zero shares issued and outstanding as of June 30, 2022 and December 31, 2021
Common stock, $0.001 par value per share; 190,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 32,825,679 and 32,792,867 shares issued as of June 30, 2022 and December 31, 2021, respectively, and 32,483,883 and 32,222,881 shares outstanding as of June 30, 2022 and December 31, 2021, respectively	32	32
Additional paid-in capital	360,594	352,999
Accumulated deficit	(148,660)	(91,718)
Total stockholders' equity	211,966	261,313
Total liabilities and stockholders' equity	$ 242,563	$ 280,021

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).