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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 185,070 $ 376,976
Investments in marketable securities, current 154,112  
Prepaid expenses and other current assets 4,574 4,760
Total current assets 343,756 381,736
Restricted cash, non-current 1,716 1,716
Investments in marketable securities, non-current 12,927  
Property and equipment, net 9,374 6,507
Operating lease right-of-use assets 10,122 11,574
Other assets 711 454
Total assets 378,606 401,987
Current liabilities:    
Accounts payable 3,069 2,453
Accrued compensation 1,023 2,689
Accrued research costs 1,879 633
Accrued expenses and other current liabilities 1,158 886
Operating lease liabilities, current 5,636 5,482
Total current liabilities 12,765 12,143
Operating lease liabilities, non-current 4,542 5,794
Total liabilities 17,307 17,937
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.00001 par value, 10,000,000 shares authorized as of March 31, 2022 and December 31, 2021; and no shares issued and outstanding as of March 31, 2022 and December 31, 2021
Common stock, $0.00001 par value, 300,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 58,010,823 shares issued and outstanding as of March 31, 2022 and December 31, 2021 1 1
Additional paid-in-capital 528,793 525,400
Accumulated other comprehensive loss (309)  
Accumulated deficit (167,186) (141,351)
Total stockholders’ equity 361,299 384,050
Total liabilities and stockholders’ equity $ 378,606 $ 401,987