v3.23.3
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 24,821 $ 45,076
Prepaid expenses and other current assets 5,861 2,452
Total current assets 30,682 47,528
Property and equipment, net 1,134 1,182
Right-of-use assets 20,050 779
Restricted cash 1,366 1,366
Deposits and other assets 87 275
Total assets 53,319 51,130
Current liabilities:    
Accounts payable 1,891 1,177
Accrued expenses 1,815 2,358
Litigation accrual 1,675 1,675
Accrued compensation expense 676 657
Current operating lease liabilities 1,376 955
Total current liabilities 7,433 6,822
Long term operating lease liabilities 19,679
Total liabilities 27,112 6,822
Stockholders’ equity:    
Preferred stock, par value $0.0001 per share, 10,000 shares authorized; none outstanding
Common stock, par value $0.0001 per share; 300,000 shares authorized; shares issued and outstanding: 51,025 as of September 30, 2023 and 50,736 as of December 31, 2022, respectively 5 5
Additional paid-in capital 118,568 117,054
Accumulated other comprehensive loss 46 35
Accumulated deficit (92,412) (72,786)
Total stockholders’ equity 26,207 44,308
Total liabilities and stockholders’ equity $ 53,319 $ 51,130

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