Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 97,277 $ 101,429
Short-term investments 4,751 7,233
Prepaid expenses and other current assets 3,728 4,873
Total current assets 105,756 113,535
Property and equipment, net 1,227 890
Other assets 300 299
Total Assets 107,283 114,724
Current liabilities:    
Accounts payable 1,270 1,243
Accrued and other current liabilities 2,699 3,937
Total current liabilities 3,969 5,180
Commitments and Contingencies (see Note 6)
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 10,000,000 shares authorized as of March 31, 2021 and December 31, 2020, respectively; no shares issued or outstanding at March 31, 2021 and December 31, 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 March 31, 2021 and December 31, 2020, respectively; 24,256,964 (19,944,464 voting and 4,312,500 non-voting) and 24,062,775 (19,387,160 voting and 4,675,615 non-voting) shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 0 0
Additional paid-in capital 179,311 175,836
Accumulated other comprehensive income 3 6
Accumulated deficit (76,000) (66,298)
Total stockholders’ equity 103,314 109,544
Total liabilities and stockholders’ equity $ 107,283 $ 114,724