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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 65,889 $ 84,833
Prepaid expenses and other current assets 1,676 3,513
Total current assets 67,565 88,346
Operating lease asset, net 832 768
Goodwill 48,648 48,648
In-process research and development 32,386 32,386
Other assets 155 400
Total assets 149,586 170,548
Current liabilities:    
Accounts payable 3,859 1,813
Current operating lease liability 378 369
Accrued expenses and other liabilities 2,043 2,219
Total current liabilities 6,280 4,401
Deferred tax liability 1,752 1,752
Non-current operating lease liability 461 400
Total liabilities 8,493 6,553
Commitments and contingencies (Note 5)
Stockholders’ equity:    
Common stock, $0.001 par value, 200,000,000 shares authorized at March 31, 2022 and December 31, 2021; 13,756,788 and 14,306,788 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 14 14
Additional paid-in capital 285,560 278,880
Accumulated deficit (144,481) (114,899)
Total stockholders’ equity 141,093 163,995
Total liabilities and stockholders’ equity 149,586 170,548
Series X1 Non-voting Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Series X Non-voting Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value