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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 123,404 $ 143,745
Short-term investments 24,254 22,742
Accounts receivable 81 71
Prepaid expenses and other current assets 6,441 2,609
Total current assets 154,180 169,167
Long-term investments 9,349 16,210
Property and equipment, net 7,629 6,601
Right-of-use assets, net 12,870 13,168
Intangible assets, net 10,286 10,624
Goodwill 4,508 4,508
Other long-term assets 1,556 890
Total assets 200,378 221,168
Current liabilities:    
Accounts payable 4,017 3,872
Current portion of operating lease liability 1,079 1,011
Current portion of liability related to sale of future royalties 836 836
Other accrued liabilities 5,103 5,064
Total current liabilities 11,035 10,783
Operating lease liability, net of current portion 11,837 11,997
Liability related to sale of future royalties, net of current portion 10,955 10,686
Other long-term liabilities 186 171
Total liabilities 34,013 33,637
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock: $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock: $0.0001 par value; 150,000,000 shares authorized; 125,840,811 and 125,594,393 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 13 13
Additional paid-in capital 411,113 406,943
Accumulated deficit (244,452) (219,351)
Accumulated other comprehensive loss (309) (74)
Total stockholders’ equity 166,365 187,531
Total liabilities and stockholders’ equity $ 200,378 $ 221,168