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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 376,976 $ 19,782
Restricted cash 1,716 35
Prepaid expenses and other current assets 4,760 1,286
Total current assets 381,736 21,103
Restricted cash, non-current 1,716  
Property, plant and equipment, net 6,507 1,461
Operating lease right-of-use assets 11,574  
Other assets 454  
Total assets 401,987 22,564
Current liabilities:    
Accounts payable 2,453 630
Accrued compensation 2,689 466
Accrued research costs 633 1,764
Accrued expenses and other current liabilities 886 126
Current portion of operating lease liabilities 5,482  
Series A redeemable convertible preferred stock tranche liability   29,062
Total current liabilities 12,143 32,048
Non-current operating lease liabilities 5,794  
Other liabilities   316
Total liabilities 17,937 32,364
Commitments and contingencies (Note 6)
Stockholders’ equity (deficit):    
Preferred stock, $0.00001 par value, 10,000,000 and zero shares authorized as of December 31, 2021 and 2020, respectively; and no shares issued and outstanding as of December 31, 2021 and 2020, respectively;
Common stock, $0.00001 par value, 300,000,000 and 80,000,000 shares authorized as of December 31, 2021 and 2020, respectively; 58,010,823 and 10,279,102 shares issued and outstanding as of December 31, 2021 and 2020, respectively 1  
Additional paid-in-capital 525,400 5,183
Accumulated deficit (141,351) (70,591)
Total stockholders’ equity (deficit) 384,050 (65,408)
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity (deficit) $ 401,987 22,564
Series A Redeemable Convertible Preferred Stock    
Current liabilities:    
Convertible preferred stock   $ 55,608