Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 119,654	$ 298,569
Investment securities	239,723	85,495
Prepaid expense and other current assets	2,345	1,371
Total current assets	361,722	385,435
Property and equipment, net	1,804	1,508
Right-of-use asset, related party	3,932	3,614
Other assets	474
Total assets	367,932	390,557
Current liabilities:
Accounts payable (including related party amounts of $8 and $0, respectively)	2,071	1,620
Accrued expenses and other current liabilities (including related party amounts of $604 and $504 respectively)	5,317	3,663
Total current liabilities	7,388	5,283
Operating lease liability, net, related party	3,381	3,144
Total liabilities	10,769	8,427
Commitments and contingencies (See Note 8)
Stockholders' equity:
Common stock, $0.0001 par value; 200,000,000 shares authorized at June 30, 2022 and December 31, 2021; 55,807,935 and 55,681,752 shares issued, 55,716,761 and 55,441,926 shares outstanding at June 30, 2022 and December 31, 2021, respectively	6	6
Additional paid-in capital	435,192	429,824
Accumulated deficit	(75,720)	(47,456)
Accumulated other comprehensive loss	(2,315)	(244)
Total stockholders' equity	357,163	382,130
Total liabilities and stockholders' equity	$ 367,932	$ 390,557