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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 156,215 $ 145,736
Short-term investments 8,591 27,780
Prepaid expenses and other current assets 2,217 3,045
Total current assets 167,023 176,561
Long-term investments 415 1,876
Property and equipment, net 2,894 2,965
Operating lease right-of-use assets 2,582 2,722
Restricted cash 351 351
Other assets 1,599 1,230
Total assets 174,864 185,705
Current liabilities:    
Accounts payable 2,524 1,329
Accrued expenses and other current liabilities 4,860 2,743
Short-term operating lease liabilities 578 565
Total current liabilities 7,962 4,637
Long-term operating lease liabilities 2,137 2,285
Total liabilities 10,099 6,922
Commitments and contingencies (Note 8)  
Stockholders' equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 0 shares issued and outstanding as of March 31, 2022 and December 31, 2021
Common stock, $0.0001 par value; 300,000,000 authorized as of March 31, 2022 and December 31, 2021; 29,168,681 and 29,115,421 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 3 3
Additional paid-in capital 230,893 228,532
Accumulated other comprehensive income (23) (10)
Accumulated deficit (66,108) (49,742)
Total stockholders' equity 164,765 178,783
Total liabilities and stockholders' equity $ 174,864 $ 185,705