XML 50 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 51,426 $ 35,582
Short-term investments 275,590 339,383
Prepaid expenses and other current assets 5,423 2,054
Total current assets 332,439 377,019
Restricted cash 816 816
Property and equipment, net 7,086 1,412
Operating lease right-of-use assets 22,279 185
Other long-term assets 1,390 392
Total assets 364,010 379,824
Current liabilities:    
Accounts payable 2,159 2,458
Accrued liabilities 8,010 3,779
Current portion of deferred revenue 5,406 5,163
Unvested stock liabilities 169 1,203
Current portion of operating lease liabilities 763 194
Total current liabilities 16,507 12,797
Deferred revenue, net of current portion 2,221 700
Operating lease liabilities, net of current portion 24,542 0
Total liabilities 43,270 13,497
Commitments and contingencies (Note 3)
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; authorized shares - 10,000,000 at December 31,2002 and 2021, respectivley no shares issued and outstanding at December 31, 2022 and 2021
Common stock, $0.001 par value; authorized shares - 200,000,000 at December 31, 2022 and 2021, respectively; issued shares - 41,684,666 and 41,622,962 at December 31, 2022 and 2021, respectively; outstanding shares - 41,616,260 and 41,243,137 at December 31, 2022 and 2021, respectively 42 41
Additional paid-in capital 432,703 413,967
Accumulated other comprehensive loss (1,535) (270)
Accumulated deficit (110,470) (47,411)
Total stockholders' equity 320,740 366,327
Total liabilities and stockholders' equity $ 364,010 $ 379,824