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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 85,262 $ 284,309
Short-term investments 257,007 0
Prepaid expenses and other current assets 5,605 5,059
Total current assets 347,874 289,368
Property and equipment, net 20 57
Operating lease right-of-use asset 699 227
Deposits and other long-term assets 469 169
Total assets 349,062 289,821
Current liabilities:    
Accounts payable 260 1,744
Accrued expenses and other current liabilities 15,950 6,709
Current portion of operating lease liabilities 405 204
Total current liabilities 16,615 8,657
Long-term portion of lease liabilities 408 16
Total liabilities 17,023 8,673
Commitments and contingencies (Note 6)
Stockholders' equity    
Common stock, $0.0001 par value; 500,000,000 shares authorized as of December 31, 2022 and 2021; 73,458,176 and 61,952,292 shares issued and outstanding as of December 31, 2022 and 2021, respectively 7 6
Additional paid-in-capital 601,771 408,629
Accumulated other comprehensive loss (71) 0
Accumulated deficit (269,668) (127,487)
Total stockholders' equity 332,039 281,148
Total liabilities and stockholders' equity $ 349,062 $ 289,821