Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 117,764 $ 70,436
Accounts receivable 3,313 1,706
Prepaid expenses and other current assets 6,548 3,579
Total current assets 127,625 75,721
Property and equipment, net 19,122 22,046
Operating lease right-of-use assets 3,909 3,934
Other non-current assets 2,904 3,309
Total assets 153,560 105,010
Current liabilities:    
Accounts payable 8,609 1,787
Accrued expenses and other current liabilities 16,836 7,731
Deferred revenues, current portion 25,116 12,627
Total current liabilities 50,561 22,145
Deferred revenue, net of current portion 38,403 35,900
Operating lease liabilities 13,841 15,932
Other long-term liabilities 0 6
Total liabilities 102,805 73,983
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value per share, 10,000,000 shares authorized and 15,617 and 14,429 shares issued and outstanding at December 31, 2021 and 2020, respectively 0 0
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 72,222,661 and 56,002,815 shares issued and outstanding at December 31, 2021 and 2020, respectively 72 56
Additional paid-in capital 306,998 242,672
Accumulated other comprehensive income (loss) 829 (295)
Accumulated deficit (257,144) (211,406)
Total stockholders’ equity 50,755 31,027
Total liabilities and stockholders’ equity $ 153,560 $ 105,010