Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Summary of Property and Equipment are Stated at Cost Less Accumulated Depreciation and Amortization
Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization expense is recognized using the straight-line method over the estimated useful life of each asset as follows:
Estimated Useful Life
Laboratory equipment5 years
Furniture and fixtures5 years
Computer equipment and software3 years
Leasehold improvementsShorter of useful life or remaining term of lease
Property and equipment, net consisted of the following (in thousands):
December 31,
20212020
Laboratory equipment$4,889 $3,740 
Furniture and fixtures815 815 
Computer equipment and software100 100 
Leasehold improvements17,059 16,961 
Assets not yet placed in service30 15 
22,893 21,631 
Less: Accumulated depreciation and amortization(5,330)(2,103)
$17,563 $19,528 
Summary of Earnings Per Share Diluted Anti Dilutive Impact
The following common stock equivalents presented based on amounts outstanding at each period end, were excluded from the calculation of diluted net loss per share because including them would have had an anti-dilutive impact:
December 31,
20212020
Stock options to purchase common stock5,920,509 5,016,460 
Warrants to purchase common stock18,445 18,445 
5,938,954 5,034,905