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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flow from operating activities:    
Net loss $ (22,963) $ (9,611)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 2,043 58
Depreciation and amortization expense 15 1
Accretion of discounts and amortization of premiums on investments, net 16
Non-cash interest expense 75
Change in fair value of convertible promissory notes to related party 644
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (6,855) (103)
Other long-term assets (302)
Accounts payable 609 37
Accrued and other liabilities (6) 1,040
Operating lease asset and liability, net 32
Other liabilities 12
Net cash used in operating activities (27,399) (7,859)
Cash flow from investing activities:    
Purchases of investments (113,253)
Purchases of property and equipment (181)
Net cash used in investing activities (113,434)
Cash flow from financing activities:    
Proceeds from sale of Series A redeemable convertible preferred stock, net of issuance costs 63,512 6,413
Proceeds from issuance of convertible promissory notes to related party 2,500
Proceeds from exercise of stock options 5
Proceeds from issuance of common stock, net of issuance costs 126,945
Net cash provided by financing activities 190,457 8,918
Net increase in cash 49,624 1,059
Cash and cash equivalents at the beginning of the year 4,573 3,514
Cash and cash equivalents at the end of the period 54,197 4,573
Supplemental disclosure of noncash investing and financing activities:    
Conversion of redeemable convertible preferred stock to common stock upon initial public offering 79,818
Right-of-use asset obtained in exchange for operating lease liability 542
Purchases of property and equipment in accounts payable 21 40
Conversion of convertible promissory notes to related party to Series A redeemable convertible preferred stock (3,219)
Conversion of convertible promissory notes to related party to Series A redeemable convertible preferred stock $ (2,500)