XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 136,408 $ 142,018
Investments available for sale 28,728 27,254
Accounts receivables 12 17
Prepaid expenses and other current assets 660 203
Total current assets 165,808 169,492
Prepaid expenses and other assets 968 1,056
Property and equipment, net 16 18
Deferred tax assets 17,009 15,950
Total assets 183,801 186,516
Current liabilities:    
Accounts payable and accrued liabilities 651 338
Accrued payroll and related expenses 330 270
Accrued licensing costs 0 355
Income tax liability 3 6
Other liabilities, current 53 52
Total current liabilities 1,037 1,021
Other liabilities 31 46
Total liabilities 1,068 1,067
Commitments and contingencies (Note 4)
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 10,000,000 shares at March 31, 2022 and December 31, 2021; Issued and outstanding: 0 shares at March 31, 2022 and December 31, 2021 0 0
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at March 31, 2022 and December 31, 2021; Issued and outstanding: 71,232,856 shares at March 31, 2022 and December 31, 2021 7 7
Additional paid-in capital 237,223 236,445
Accumulated deficit (54,255) (50,935)
Accumulated other comprehensive loss (242) (68)
Total stockholders' equity 182,733 185,449
Total liabilities and stockholders' equity $ 183,801 $ 186,516