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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 78,671 $ 81,347
Restricted cash 397 115
Short-term investments 24,845 44,480
Other current assets 5,516 7,603
Total current assets 109,429 133,545
Operating lease right-of-use assets 7,308 7,698
Property and equipment, net 4,369 4,816
Other assets 632 634
Total assets 121,738 146,693
Current liabilities:    
Accounts payable 2,822 4,737
Accrued liabilities 15,081 16,039
Operating lease liabilities, current 3,041 3,035
Finance lease liabilities, current 108 108
Deferred revenue from customers, current 467 467
Deferred revenue from collaborations, current 6,560 8,743
Total current liabilities 28,079 33,129
Operating lease liabilities, net of current portion 8,611 9,201
Finance lease liabilities, net of current portion 205 230
Deferred revenue from customers, net of current portion 93 233
Total liabilities 36,988 42,793
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2023 (unaudited) and December 31, 2022, respectively; no shares issued and outstanding as of March 31, 2023 (unaudited) and December 31, 2022, respectively.
Common stock, $0.0001 par value; 320,000,000 shares authorized as of March 31, 2023 (unaudited) and December 31, 2022, respectively; 42,940,089 and 42,922,980 shares issued and outstanding as of March 31, 2023 (unaudited) and December 31, 2022, respectively 4 4
Additional paid-in capital 506,320 502,613
Accumulated deficit (422,073) (399,118)
Accumulated other comprehensive income 499 401
Total stockholders’ equity 84,750 103,900
Total liabilities and stockholders’ equity $ 121,738 $ 146,693