XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 91,420 $ 64,330
Marketable securities 231,879 296,112
Prepaid expenses and other current assets 5,531 6,686
Total current assets 328,830 367,128
Property and equipment, net 11,132 7,224
Restricted cash 5,237 5,237
Operating lease right-of-use assets 1,340 1,839
Other long term assets 2,702 2,696
Total assets 349,241 384,124
Current liabilities:    
Accounts payable 2,438 7,077
Accrued expenses 10,933 12,992
Operating lease obligations, current portion 1,432 1,955
Total current liabilities 14,803 22,024
Success Payment Liability 2,694 4,371
Other long term liabilities 354 377
Total liabilities 17,851 26,772
Commitments and contingencies (See Note 7 and Note 8)
Stockholders' equity (deficit):    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 0 0
Common stock, $0.001 par value; 200,000,000 and 255,000,000 shares authorized, 48,655,241 and 48,511,735 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 49 49
Additional paid-in capital 549,089 544,381
Accumulated other comprehensive income (732) (228)
Accumulated deficit (217,016) (186,850)
Total stockholders equity 331,390 357,352
Total liabilities, convertible preferred stock, and stockholders' equity (deficit) $ 349,241 $ 384,124