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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 262,567 $ 48,539
Prepaid expenses 3,606 467
Other current assets 92 100
Total current assets 266,265 49,106
Restricted cash 1,559 1,559
Property and equipment, net 5,737 4,728
Operating lease right-of-use assets 16,796 17,117
Other assets 2,582 3,398
Total assets 292,939 75,908
Current liabilities:    
Accounts payable 2,406 2,361
Accrued expenses 4,395 6,260
Operating lease liability 1,155 863
Other current liabilities 675 723
Total current liabilities 8,631 10,207
Long-term liabilities:    
Operating lease liabilities—non-current 17,121 17,430
Total liabilities 25,752 27,637
Redeemable convertible preferred stock   107,336
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 and 0 shares authorized as of March 31, 2021 and December 31, 2020, respectively; 0 shares issued and outstanding as of March 31, 2021 and December 31, 2020
Common stock, $0.0001 par value; 400,000,000 and 420,000,000 shares authorized as of March 31, 2021 and December 31, 2020 respectively; 37,129,729 and 893,231 shares issued and 36,770,010 and 505,074 outstanding as of March 31, 2021 and December 31, 2020, respectively 4 1
Additional paid-in capital 342,130 2,158
Accumulated deficit (74,947) (61,224)
Total stockholders’ equity (deficit) 267,187 (59,065)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 292,939 75,908
Series A-1 Redeemable Convertible Preferred Stock    
Long-term liabilities:    
Redeemable convertible preferred stock   2
Series A-2 Redeemable Convertible Preferred Stock    
Long-term liabilities:    
Redeemable convertible preferred stock   42,786
Series B Redeemable Convertible Preferred Stock    
Long-term liabilities:    
Redeemable convertible preferred stock   $ 64,548