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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 38,074 $ 29,519
Short-term investments 112,880 98,232
Prepaid expenses and other current assets 2,328 4,344
Total current assets 153,282 132,095
Property and equipment, net 1,975 2,092
Operating lease right-of-use assets 4,384 4,770
Long-term investments   41,881
Restricted cash 408 388
Total assets 160,049 181,226
Current liabilities:    
Accounts payable 1,267 904
Accrued expenses and other current liabilities 4,997 4,886
Operating lease liabilities, current 753 726
Total current liabilities 7,017 6,516
Operating lease liabilities, long-term 3,848 4,235
Total liabilities 10,865 10,751
Commitments and contingencies (Note 12)
Stockholders’ deficit:    
Common stock, par value $0.001; 500,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 22,068,660 and 21,920,402 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively. 22 22
Additional paid-in capital 232,291 226,580
Accumulated other comprehensive loss (427) (95)
Accumulated deficit (82,702) (56,032)
Total stockholders' equity 149,184 170,475
Total liabilities and stockholders' equity $ 160,049 $ 181,226