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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 17,664 $ 49,702
Short-term investments 28,042 0
Prepaid expenses and other current assets 2,633 3,194
Total current assets 48,339 52,896
Property and equipment, net 149 91
Operating lease right-of-use assets 153 166
Other assets 854 903
Total assets 49,495 54,056
Current liabilities:    
Accounts payable 294 516
Accrued expenses 2,290 3,418
Lease liabilities, current portion 46 44
Total current liabilities 2,630 3,978
Earn-out liability 1,373 12,130
Non-current term loans, net 18,816 18,760
Accrued final payment on term loans 1,100 1,100
Non-current warrant liability 233 678
Non-current lease liabilities 109 126
Total liabilities 24,261 36,772
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value; 100,000,000 and zero shares authorized at March 31, 2022 and December 31, 2021 respectively; zero shares issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at March 31, 2022 and December 31, 2021; 41,395,352 shares issued and 41,095,352 shares issued and outstanding as of March 31, 2022; 40,689,975 shares issued and 40,389,975 shares issued and outstanding as of December 31, 2021 4 4
Additional paid-in capital 143,112 138,181
Accumulated other comprehensive loss (50)
Accumulated deficit (117,832) (120,901)
Total stockholders' equity 25,234 17,284
Total liabilities and stockholders' equity $ 49,495 $ 54,056