Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 186,816 $ 220,383
Restricted cash 164 560
Short-term investments 3,918 23,130
Other current assets 13,526 5,944
Total current assets 204,424 250,017
Operating lease right-of-use assets 8,789 6,901
Property and equipment, net 6,180 8,007
Long-term investments 15,110  
Other assets 866 377
Total assets 235,369 265,302
Current liabilities:    
Accounts payable 3,015 3,313
Accrued liabilities 25,394 16,564
Operating lease liabilities, current 2,769 2,442
Finance lease liabilities, current 138 64
Deferred Revenue from collaborations, current 7,641 7,891
Total current liabilities 38,957 30,274
Operating lease liabilities, net of current portion 11,287 10,371
Finance lease liabilities, net of current portion 261 130
Long term liabilities 133 379
Deferred revenue from collaborations   4,109
Total liabilities 50,638 45,263
Stockholders’ equity:    
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2021 and 2020, respectively; no shares issued and outstanding as of December 31, 2021 and 2020, respectively.
Common stock, $0.0001 par value; 320,000,000 shares authorized as of December 31, 2021 and 2020, respectively; 42,690,229 and 38,120,606 shares issued and outstanding as of December 31, 2021 and 2020, respectively 4 4
Additional paid-in capital 487,347 394,963
Accumulated deficit (303,072) (174,740)
Accumulated other comprehensive income (loss) 452 (188)
Total stockholders’ equity 184,731 220,039
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity $ 235,369 $ 265,302