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THE COMPANY AND BASIS OF PRESENTATION (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Error Corrections and Prior Period Adjustments

The following presents a reconciliation of the impacted financial statement line items as previously reported to the restated amounts as of and for the year ended December 31, 2022 (in thousands, except share and per share data):

			Year Ended December 31, 2022
Corrected Consolidated Balance Sheet			As Previously Reported						Restatement Adjustment						As Restated
Operating lease right-of-use asset			$	1,205					$	(106)					$	1,099
Total assets			47,593						(106)						47,487
Accrued indirect tax liabilities			—						11,534						11,534
Current portion of operating lease liability			1,317						(106)						1,211
Total current liabilities			29,972						11,428						41,400
Total liabilities			50,497						11,428						61,925
Accumulated deficit			(406,966)						(11,534)						(418,500)
Total stockholders’ deficit			(2,904)						(11,534)						(14,438)
Total liabilities and stockholders’ deficit			47,593						(106)						47,487

			Year Ended December 31, 2022
Corrected Consolidated Statement of Operations and Comprehensive Loss			As Previously Reported						Restatement Adjustment						As Restated
Collaboration revenue			$	64,288					$	160					$	64,448
Total revenues			64,288						160						64,448
Research and development			75,520						1,885						77,405
Selling, general and administrative			18,486						2,060						20,546
Total operating expenses			94,006						3,945						97,951
Loss from operations			(29,718)						(3,785)						(33,503)
Loss before income tax expense			(29,527)						(3,785)						(33,312)
Net loss and comprehensive loss			(29,799)						(3,785)						(33,584)
Basic and diluted net loss per common share			(0.43)												(0.48)
Shares used to compute basic and diluted net loss per common share			69,857,698												69,857,698

			Additional Paid-In Capital
Corrected Consolidated Statement of Convertible Preferred Stock and Stockholders’ Equity (Deficit)			As Previously Reported						Restatement Adjustment						As Restated
Balance, December 31, 2021			$	398,733					$	(720)					$	398,013
Issuance costs for underwritten public offering			(720)						720						—
Balance, December 31, 2022			404,055						—						404,055
			Accumulated Deficit
			As Previously Reported						Restatement Adjustment						As Restated
Balance, December 31, 2021			$	(377,167)					$	(7,749)					$	(384,916)
Net loss			(29,799)						(3,785)						(33,584)
Balance, December 31, 2022			(406,966)						(11,534)						(418,500)
			Total Stockholders’ Equity (Deficit)
			As Previously Reported						Restatement Adjustment						As Restated
Balance, December 31, 2021			$	21,573					$	(8,469)					$	13,104
Issuance costs for underwritten public offering			(720)						720						—
Net loss			(29,799)						(3,785)						(33,584)
Balance, December 31, 2022			(2,904)						(11,534)						(14,438)

			Year Ended December 31, 2022
Corrected Consolidated Statement of Cash Flows			As Previously Reported						Restatement Adjustment						As Restated
Operating activities:
Net loss			$	(29,799)					$	(3,785)					$	(33,584)
Adjustments to reconcile net loss to net cash used in operating activities:
Non-cash operating lease expense			1,082						(101)						981
Changes in assets and liabilities:
Accrued indirect tax liabilities			—						3,945						3,945
Contract liabilities			2,806						(160)						2,646
Operating lease liabilities			(1,153)						101						(1,052)

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- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-8

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-7

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-9

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