Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 198,538	$ 274,735
Restricted cash	1,472	1,472
Prepaid expenses and other current assets	2,798	2,466
Total current assets	202,808	278,673
Property and equipment, net	6,391	1,007
Operating lease right-of-use assets	14,696	232
Other assets, noncurrent		109
Total assets	223,895	280,021
Current liabilities:
Accounts payable	5,509	11,951
Accrued expenses and other current liabilities	13,586	6,592
Operating lease liabilities, current portion		165
Total current liabilities	19,095	18,708
Operating lease liabilities, net of current portion	16,053
Total liabilities	35,148	18,708
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, par value $0.001 per share, 10,000,000 shares authorized as of September 30, 2022 and December 31, 2021, zero shares issued and outstanding as of September 30, 2022 and December 31, 2021
Common stock, $0.001 par value per share; 190,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 32,834,682 and 32,792,867 shares issued as of September 30, 2022 and December 31, 2021, respectively, and 32,588,140 and 32,222,881 shares outstanding as of September 30, 2022 and December 31, 2021, respectively	32	32
Additional paid-in capital	365,049	352,999
Accumulated deficit	(176,334)	(91,718)
Total stockholders' equity	188,747	261,313
Total liabilities and stockholders' equity	$ 223,895	$ 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).