v3.21.1
BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 194,015 $ 213,119
Prepaid expenses and other current assets 2,768 3,946
Total current assets 196,783 217,065
Property and equipment, net 1,533 1,273
Operating lease right-of-use asset 1,440 1,511
Other assets 633 87
Total assets 200,389 219,936
Current liabilities    
Accounts payable 5,310 3,979
Accrued expenses 6,528 7,469
Due to Parent 211 157
Other current liabilities 275 237
Total current liabilities 12,324 11,842
Long-term portion of operating lease liability 1,328 1,398
Total liabilities 13,652 13,240
Commitments and contingencies (Note 13)
Stockholders' equity    
Common stock, $0.001 par value, 50,000 shares authorized; 24,631 and 24,417 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 25 24
Preferred stock, $0.001 par value, 10,000 shares authorized; no shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively
Additional paid-in-capital 351,945 345,529
Accumulated deficit (165,233) (138,857)
Total stockholders' equity 186,737 206,696
Total liabilities and stockholders' equity $ 200,389 $ 219,936

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