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Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 381,965 $ 19,782
Restricted cash 149 35
Prepaid expenses and other current assets 2,638 1,286
Total current assets 384,752 21,103
Property, plant and equipment, net 2,343 1,461
Other assets 11  
Total assets 387,106 22,564
Current liabilities:    
Accounts payable 4,046 630
Accrued compensation 723 466
Accrued expenses and other current liabilities 3,089 1,890
Series A redeemable convertible preferred stock tranche liability   29,062
Total current liabilities 7,858 32,048
Other liabilities 64 316
Total liabilities 7,922 32,364
Commitments and contingencies (Note 7)
Series A redeemable convertible preferred stock, $0.00001 par value; zero and 45,024,986 shares authorized as of June 30, 2021 and December 31, 2020, respectively; zero and 30,019,945 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $30,020 as of December 31, 2020   55,608
Stockholders’ equity (deficit):    
Preferred stock, $0.00001 par value, 10,000,000 and zero shares authorized as of June 30, 2021 and December 31, 2020, respectively; and no shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively;
Common stock, $0.00001 par value, 300,000,000 and 80,000,000 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 55,979,002 and 10,279,102 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 1  
Additional paid-in-capital 487,012 5,183
Accumulated deficit (107,829) (70,591)
Total stockholders’ equity (deficit) 379,184 (65,408)
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity (deficit) $ 387,106 $ 22,564