XML 39 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 145,736 $ 61,695
Short-term investments 27,780  
Prepaid expenses and other current assets 3,045 528
Total current assets 176,561 62,223
Property and equipment, net 2,965 81
Restricted cash 351  
Other assets 1,230 12
Long-term investments 1,876  
Operating lease right-of-use assets 2,722 210
Total assets 185,705 62,526
Current liabilities:    
Accounts payable 1,329 727
Accrued expenses and other current liabilities 2,743 633
Loan payable   36
Short-term operating lease liabilities 565 223
Total current liabilities 4,637 1,619
Long-term operating lease liabilities 2,285  
Total liabilities 6,922 1,619
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 and 0 shares authorized as of December 31, 2021 and December 31, 2020; 0 shares issued and outstanding as of December 31, 2021 and December 31, 2020
Common stock, $0.0001 par value; 300,000,000 and 25,300,080 shares authorized as of December 31, 2021 and December 31, 2020, respectively; 29,115,421 and 11,953,107 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 3 1
Additional paid-in capital 228,532 13,343
Accumulated other comprehensive loss (10)  
Accumulated deficit (49,742) (8,175)
Total stockholders' equity 178,783 5,169
Total liabilities, convertible preferred stock, and stockholders' equity $ 185,705 62,526
Series A Convertible Preferred Stock    
Current liabilities:    
Series A convertible preferred stock, $0.0001 par value; 0 and 7,064,925 shares authorized as of December 31, 2021 and December 31, 2020, respectively; 0 and 7,064,925 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $0 and $56,000 as of December 31, 2021 and December 31, 2020, respectively   $ 55,738