XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 47,947 $ 185,420
Short-term investments 89,175 68,238
Related party short-term investment 9,543 15,962
Prepaid expenses and other current assets 2,180 959
Total current assets 148,845 270,579
Property and equipment, net 14,967 4,932
Operating lease right-of-use lease assets 32,344 10,746
Restricted cash 13,496 13,125
Other assets 5,613 2,474
Total assets 215,265 301,856
Current liabilities:    
Accounts payable 4,111 1,435
Accrued expenses and other current liabilities 6,530 37,192
Related party forward contract liability 0 12,020
Operating lease liability 11,577 7,336
Total current liabilities 22,218 57,983
Operating lease liability, net of current 19,862 3,070
Non current deferred tax liability 481 1,243
Total liabilities 42,561 62,296
Commitments and contingencies (Note 11)
Redeemable convertible and convertible preferred stock, carrying amount 395,800 395,800
Stockholders’ equity (deficit):    
Common stock, $0.00001 par value; 293,258,790, and 293,258,790 shares authorized at September 30, 2022 and December 31, 2021, respectively; and 33,559,912, and 32,413,860 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 0 0
Additional paid-in capital 31,272 15,163
Accumulated other comprehensive loss (454) (27)
Accumulated deficit (253,914) (171,376)
Total stockholders’ (deficit) (223,096) (156,240)
Total liabilities, redeemable convertible and convertible preferred stock and stockholders’ (deficit) $ 215,265 $ 301,856
Redeemable convertible and convertible preferred stock, shares authorized (in shares) 161,420,799 161,420,799
Redeemable convertible and convertible preferred stock, shares issued (in shares) 161,420,799 161,420,799
Redeemable convertible and convertible preferred stock, shares outstanding (in shares) 161,420,799 161,420,799
Series A Redeemable Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible and convertible preferred stock, carrying amount $ 196,157 $ 196,157
Stockholders’ equity (deficit):    
Redeemable convertible and convertible preferred stock, shares authorized (in shares) 115,761,842 115,761,842
Redeemable convertible and convertible preferred stock, shares issued (in shares) 115,761,842 115,761,842
Redeemable convertible and convertible preferred stock, shares outstanding (in shares) 115,761,842 115,761,842
Series B Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible and convertible preferred stock, carrying amount $ 199,643 $ 199,643
Stockholders’ equity (deficit):    
Redeemable convertible and convertible preferred stock, shares authorized (in shares) 45,658,957 45,658,957
Redeemable convertible and convertible preferred stock, shares issued (in shares) 45,658,957 45,658,957
Redeemable convertible and convertible preferred stock, shares outstanding (in shares) 45,658,957 45,658,957