Annual report pursuant to Section 13 and 15(d)

Balance Sheets

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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 122,222 $ 101,429
Short-term investments   7,233
Prepaid expenses and other current assets 2,319 4,873
Total current assets 124,541 113,535
Property, plant and equipment, net 1,438 890
Other assets 357 299
Total Assets 126,336 114,724
Current liabilities:    
Accounts payable 2,333 1,243
Accrued and other current liabilities 6,047 3,937
Total current liabilities 8,380 5,180
Commitments and contingencies (see Note 7)
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 10,000,000 shares authorized and no shares issued or outstanding as of December 31, 2021 and 2020
Voting and non-voting common stock, $0.00001 par value: 150,000,000 (143,590,481 voting and 6,409,519 non-voting) shares authorized as of December 31, 2021 and 2020; 28,927,129 (24,614,629 voting and 4,312,500 non-voting) shares issued and outstanding as of December 31, 2021 and 24,062,775 (19,387,160 voting and 4,675,615 non-voting) shares issued and outstanding as of December 31, 2020 0 0
Additional paid-in capital 230,543 175,836
Accumulated other comprehensive income   6
Accumulated deficit (112,587) (66,298)
Total stockholders’ equity 117,956 109,544
Total liabilities and stockholders’ equity $ 126,336 $ 114,724