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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 27,716 $ 66,346
Short-Term Investments 59,702 40,379
Prepaid expenses and other current assets 2,728 1,659
Total current assets 90,146 108,384
Right-of-use assets 355 521
Property and equipment 12 14
Other long-term assets 0 33
Total assets 90,513 108,952
Current liabilities:    
Accounts payable 602 1,028
Accrued research and development expenses 4,215 2,245
Accrued compensation and related expenses 1,019 1,480
Accrued other expenses 1,345 352
Right-of-use liabilities, current portion 363 339
Total current liabilities 7,544 5,444
Right-of-use liabilities, net of current portion 0 185
Commitments and contingencies (see Note 9)
Stockholders’ equity (deficit):    
Preferred Stock, Value, Issued 0 0
Common Stock, Value, Issued 1 1
Additional paid-in-capital 146,953 145,683
Accumulated other comprehensive loss (784) (164)
Accumulated deficit (63,201) (42,197)
Total stockholder’s equity (deficit) 82,969 103,323
Total liabilities, convertible preferred stock and shareholders’ equity (deficit) 90,513 108,952
Non-Voting Common Stock [Member]    
Stockholders’ equity (deficit):    
Common Stock, Value, Issued $ 0 $ 0