XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 93,271 $ 120,385
Prepaid expenses and other current assets 3,705 4,111
Total current assets 96,976 124,496
Restricted cash 1,568 1,562
Property and equipment, net 7,252 7,255
Operating lease right-of-use asset 5,477 5,585
Other non-current assets 232 267
Total assets 111,505 139,165
Current liabilities    
Accounts payable 2,013 3,125
Accrued expenses 6,483 10,327
Operating lease liability, current portion 949 918
Note payable, current portion 6,667 6,667
Other current liabilities 82 82
Total current liabilities 16,194 21,119
Note payable, net of current portion 1,548 3,165
Operating lease liability, net of current portion 8,945 9,189
Other non-current liabilities 26 45
Total liabilities 26,713 33,518
Commitments and contingencies (Note 6)
Stockholders' equity    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized, no shares issued or outstanding
Common stock, $0.0001 par value; 200,000,000 shares authorized at March 31, 2023 and December 31, 2022; 27,470,534 shares issued and 27,439,820 shares outstanding at March 31, 2023; 27,471,607 shares issued and 27,425,447 shares outstanding at December 31, 2022 3 3
Additional paid-in capital 356,543 354,752
Accumulated deficit (271,754) (249,108)
Total stockholders' equity 84,792 105,647
Total liabilities and stockholders' equity $ 111,505 $ 139,165