v3.21.2
BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 273,057 $ 213,119
Prepaid expenses and other current assets 3,601 3,946
Total current assets 276,658 217,065
Property and equipment, net 1,442 1,273
Operating lease right-of-use asset 1,377 1,511
Other assets 1,630 87
Total assets 281,107 219,936
Current liabilities    
Accounts payable 2,497 3,979
Accrued expenses 9,557 7,469
Due to related party 106 157
Other current liabilities 281 237
Total current liabilities 12,441 11,842
Long-term portion of operating lease liability 1,255 1,398
Total liabilities 13,696 13,240
Commitments and contingencies (Note 11)
Stockholders' equity    
Common stock, $0.001 par value, 100,000 and 50,000 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 27,969 and 24,417 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 28 24
Preferred stock, $0.001 par value, 10,000 shares authorized; no shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively
Additional paid-in-capital 460,235 345,529
Accumulated deficit (192,852) (138,857)
Total stockholders' equity 267,411 206,696
Total liabilities and stockholders' equity $ 281,107 $ 219,936

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