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Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 241,701 $ 251,213
Prepaid and other current assets 5,008 6,075
Total current assets 246,709 257,288
Restricted cash 1,000 1,000
Property and equipment, net 1,048 1,077
Right-of-use asset 2,424 2,466
Other long-term assets 3,874 4,350
Total assets 255,055 266,181
Current liabilities:    
Accounts payable 1,280 1,145
Lease liabilities, current 144 140
Accrued and other current liabilities (including related party amounts of $56 and $59, respectively) 2,258 4,416
Total current liabilities 3,682 5,701
Lease liabilities, noncurrent 2,444 2,482
Other long-term liabilities 139 169
Total liabilities 6,265 8,352
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized at March 31, 2023 and December 31, 2022; no shares issued and outstanding at March 31, 2023 and December 31, 2022. 0 0
Common stock, $0.0001 par value; 500,000,000 shares authorized at March 31, 2023 and December 31, 2022, respectively; 42,762,501 and 42,634,459 shares issued at March 31, 2023 and December 31, 2022, respectively, and 42,535,374 and 42,353,550 shares outstanding at March 31, 2023 and December 31, 2022, respectively. 4 4
Additional paid-in capital 356,362 353,521
Accumulated deficit (107,576) (95,696)
Total stockholders' equity 248,790 257,829
Total liabilities and stockholders' equity $ 255,055 $ 266,181