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Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 136,627,000 $ 4,503,000
restricted cash, current 223,000  
Prepaid expenses and other current assets 3,250,000 562,000
Total current assets 140,100,000 5,065,000
Property and equipment, net 0 294,000
restricted cash, non current 100,000 323,000
Deferred offering costs 0 2,637,000
Other assets 237,000  
Total assets 140,437,000 8,319,000
Current liabilities:    
Accounts payable 2,950,000 2,377,000
Accrued expenses and other current liabilities 6,884,000 5,810,000
Term loan, current portion 5,000,000 5,000,000
Convertible notes 0 11,689,000
Total current liabilities 14,834,000 24,876,000
Warrant liability 0 76,000
Other liabilities 358,000 277,000
Term loan, net of current portion and discount 404,000 4,951,000
Total liabilities 15,596,000 30,180,000
Stockholders' equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2021 and 2020 0 0
Common stock, $0.0001 par value; 250,000,000 shares authorized; 43,208,159 and 15,565,380 shares issued and outstanding as of December 31, 2021 and 2020, respectively 4,000 2,000
Additional paid-in capital 309,527,000 90,958,000
Accumulated deficit (184,690,000) (112,821,000)
Total stockholders’ equity (deficit) 124,841,000 (21,861,000)
Total liabilities and stockholders’ equity (deficit) $ 140,437,000 $ 8,319,000