Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 98,183	$ 93,335
Restricted cash	25	25
Short-term investments	106,446
Prepaid and other current assets	5,548	1,966
Total current assets	210,202	95,326
Property and equipment, net	166	155
Other assets	706	72
Total assets	211,074	95,553
Current liabilities:
Accounts payable	2,065	989
Accrued expenses	6,048	4,620
Total current liabilities	8,113	5,609
Commitments and contingencies (Note 5)
Stockholders’ equity:
Common stock, $0.001 par value, 100,000,000 shares authorized as of December 31, 2020 and 2019, respectively; 19,931,660 and 13,788,982 shares issued and outstanding as of December 31, 2020 and 2019, respectively	20	14
Additional paid-in capital	326,046	163,526
Accumulated other comprehensive loss	(10)
Accumulated deficit	(123,095)	(73,596)
Total stockholders’ equity	202,961	89,944
Total liabilities and stockholders’ equity	$ 211,074	$ 95,553

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).