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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 55,129 $ 35,582
Short-term investments 306,071 339,383
Prepaid expenses and other current assets (includes related party amounts of $23 and $0, respectively) 3,454 2,054
Total current assets 364,654 377,019
Restricted cash 816 816
Property and equipment, net 2,660 1,412
Operating lease right-of-use assets 130 185
Other long-term assets 337 392
Total assets 368,597 379,824
Current liabilities:    
Accounts payable 1,939 2,458
Accrued liabilities (includes related party amounts of $0 and $32, respectively) 5,074 3,779
Current portion of deferred revenue 4,649 5,163
Unvested stock liabilities 700 1,203
Current portion of operating lease liabilities 153 194
Total current liabilities 12,515 12,797
Deferred revenue, net of current portion 0 700
Total liabilities 12,515 13,497
Commitments and contingencies (Note 3)
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; authorized shares -10,000,000 at March 31, 2022 and December 31, 2021, respectively; no shares issued and outstanding at March 31, 2022 and December 31, 2021
Common stock, $0.001 par value; authorized shares - 200,000,000 at March 31, 2022 and December 31, 2021, respectively; issued shares - 41,629,367 and 41,622,962 at March31,2022 and December31,2021, respectively; outstanding shares - 41,393,660 and 41,243,137 at March 31, 2022 and December 31,2021, respectively 41 41
Additional paid-in capital 418,429 413,967
Accumulated other comprehensive loss (1,567) (270)
Accumulated deficit (60,821) (47,411)
Total stockholders' equity 356,082 366,327
Total liabilities, and stockholders' equity $ 368,597 $ 379,824