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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows From Operating Activities:    
Net income (loss) $ 16,721 $ (5,207)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 189 32
Stock-based compensation 4,157 177
Amortization of operating lease right-of-use asset 87 38
Loss on disposal of property and equipment 70 0
Loss on lease termination 2 0
Change in fair value of derivative assets 876 0
Unrealized gain from transactions denominated in a foreign currency (8) 0
Issuance of common stock pursuant to in-license agreement 5,494 0
Changes in operating assets and liabilities:    
Accounts receivable (20,000) 0
Other receivables (137) 34
Prepaid expenses and other current assets (1,527) (1,526)
Other non-current assets (2,326) (27)
Accounts payable and other accrued liabilities 4,622 1,953
Accrued payroll and benefits 430 (27)
Other long-term liabilities 107 0
Net cash provided by (used in) operating activities 8,757 (4,553)
Cash Flows From Investing Activities:    
Purchases of property and equipment (191) (371)
Cash used in investing activities (191) (371)
Cash Flows From Financing Activities:    
Payments of issuance costs 0 (28)
Proceeds from exercise of vested stock options 20 0
Proceeds from exercise of stock options prior to vesting 0 135
Net cash provided by financing activities 20 107
Net increase (decrease) in cash, cash equivalents and restricted cash 8,586 (4,817)
Cash, cash equivalents, and restricted cash — beginning of year 168,149 57,972
Cash, cash equivalents, and restricted cash — end of period 176,735 53,155
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 176,735 53,135
Restricted cash 0 20
Cash, cash equivalents and restricted cash 176,735 53,155
Supplemental Disclosures Noncash Investing and Financing Activities:    
Operating lease right-of-use asset obtained in exchange for operating lease liability 0 767
Additions of property and equipment in accounts payable and other accrued liabilities 0 47
Derecognition of right-of-use asset upon lease termination (38) 0
Stock issued to licensor pursuant to execution of out-license agreement $ 5,494 $ 0