Balance Sheets - USD ($)
|
Dec. 31, 2021 |
Dec. 31, 2020 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 136,627,000
|
$ 4,503,000
|
| restricted cash, current |
223,000
|
|
| Prepaid expenses and other current assets |
3,250,000
|
562,000
|
| Total current assets |
140,100,000
|
5,065,000
|
| Property and equipment, net |
0
|
294,000
|
| restricted cash, non current |
100,000
|
323,000
|
| Deferred offering costs |
0
|
2,637,000
|
| Other assets |
237,000
|
|
| Total assets |
140,437,000
|
8,319,000
|
| Current liabilities: |
|
|
| Accounts payable |
2,950,000
|
2,377,000
|
| Accrued expenses and other current liabilities |
6,884,000
|
5,810,000
|
| Term loan, current portion |
5,000,000
|
5,000,000
|
| Convertible notes |
0
|
11,689,000
|
| Total current liabilities |
14,834,000
|
24,876,000
|
| Warrant liability |
0
|
76,000
|
| Other liabilities |
358,000
|
277,000
|
| Term loan, net of current portion and discount |
404,000
|
4,951,000
|
| Total liabilities |
15,596,000
|
30,180,000
|
| Stockholders' equity (deficit): |
|
|
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2021 and 2020 |
0
|
0
|
| Common stock, $0.0001 par value; 250,000,000 shares authorized; 43,208,159 and 15,565,380 shares issued and outstanding as of December 31, 2021 and 2020, respectively |
4,000
|
2,000
|
| Additional paid-in capital |
309,527,000
|
90,958,000
|
| Accumulated deficit |
(184,690,000)
|
(112,821,000)
|
| Total stockholders’ equity (deficit) |
124,841,000
|
(21,861,000)
|
| Total liabilities and stockholders’ equity (deficit) |
$ 140,437,000
|
$ 8,319,000
|