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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:      
Net loss   $ (37,238,000) $ (1,453,000)
Adjustments to reconcile net loss to net cash used in operations:      
Depreciation $ 1,000 206,000 1,000
Interest expense related to convertible notes 20,000   40,000
Stock-based compensation expense   3,051,000 1,000
Change in fair value of the Series A redeemable convertible preferred stock tranche liability   10,341,000  
Changes in assets and liabilities:      
Prepaid expenses and other current assets and other assets   (1,363,000) (361,000)
Accounts payable   3,451,000 280,000
Accrued compensation   257,000 53,000
Accrued expenses and other current liabilities and other liabilities   (549,000) 482,000
Net cash used in operating activities   (21,844,000) (957,000)
Cash flows from investing activities:      
Purchases of property and equipment   (1,123,000) (379,000)
Net cash used in investing activities   (1,123,000) (379,000)
Cash flows from financing activities:      
Net proceeds from issuance of redeemable convertible preferred stock, net of issuance costs   165,521,000 9,998,000
Proceeds from issuance of initial public offering, net of issuance costs   219,454,000  
Proceeds from issuance of convertible note to related party     5,000,000
Proceeds from issuance of common stock upon exercise of stock options   21,000  
Proceeds from issuance of common stock shares upon early exercises of stock options   268,000  
Net cash provided by financing activities   385,264,000 14,998,000
Net increase in cash, cash equivalents and restricted cash   362,297,000 13,662,000
Cash, cash equivalents and restricted cash, at beginning of period   19,817,000 6,000
Cash, cash equivalents and restricted cash, at end of period 13,668,000 382,114,000 13,668,000
Reconciliation of cash, cash equivalents and restricted cash to statement of financial position:      
Cash and cash equivalents 13,633,000 381,965,000 13,633,000
Restricted cash 35,000 149,000 35,000
Cash, cash equivalents and restricted cash, at end of period $ 13,668,000 382,114,000 13,668,000
Supplemental disclosures of non-cash investing and financing information:      
Issuance of redeemable convertible preferred stock upon conversion of outstanding related party convertible note and accrued interest     5,020,000
Related party convertible note and accrued interest cancellation     (2,225,000)
Purchases of property and equipment included in accounts payable     15,000
Conversion of redeemable convertible preferred stock to common stock at closing of initial public offering   260,532,000  
Vesting of early exercised stock options   49,000  
Offering costs included in accrued expenses   $ 1,277,000  
Issuance costs for Series B redeemable convertible preferred stock included in accounts payable     $ 177,000