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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 176,959 $ 198,053
Prepaid expenses and other current assets 4,128 4,464
Total current assets 181,087 202,517
Restricted cash 1,553 1,553
Property and equipment, net 7,468 7,620
Operating lease right-of-use asset 5,885 5,977
Other non-current assets 359 393
Total assets 196,352 218,060
Current liabilities    
Accounts payable 2,324 3,144
Accrued expenses 7,323 8,751
Operating lease liability, current portion 829 801
Notes payable, current portion 1,667  
Other current liabilities 82 82
Total current liabilities 12,225 12,778
Notes payable, net of current portion 8,012 9,628
Operating lease liability, net of current portion 9,894 10,107
Other liabilities, long-term 100 118
Total liabilities 30,231 32,631
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized, no shares issued or outstanding at March 31, 2022 and December 31, 2021
Common stock, $0.0001 par value; 200,000,000 shares authorized at March 31, 2022 and December 31, 2021; 27,471,607 shares issued and 27,376,473 shares outstanding at March 31, 2022; 27,468,950 shares issued and 27,358,375 shares outstanding at December 31, 2021 3 3
Additional paid-in capital 348,357 346,312
Accumulated deficit (182,239) (160,886)
Total stockholders' equity (deficit) 166,121 185,429
Total liabilities and stockholders' equity $ 196,352 $ 218,060