v3.23.1

Unaudited Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 113,345	$ 292,423
Short term investments	600,325	403,329
Accounts receivable		1,029
Prepaid expenses and other current assets	12,734	11,370
Total current assets	726,404	708,151
Property and equipment, net	3,701	3,877
Right-of-use asset	27,338	27,774
Other assets	971	971
Total assets	758,414	740,773
Current liabilities
Accounts payable	1,161	762
Accrued compensation	2,039	4,819
Accrued expenses and other current liabilities	11,509	12,721
Deferred revenue	1,146	1,298
Lease liabilities, current portion	3,485	3,217
Total current liabilities	19,340	22,817
Deferred revenue, non-current	15,479	15,667
Lease liabilities, net of current portion	25,978	26,321
Total liabilities	60,797	64,805
Commitments and contingencies (Note 8)
Stockholders’ equity:
Preferred stock-$0.0001 par value; 40,000,000 shares authorized at March 31, 2023 and December 31, 2022; No shares issued and outstanding at March 31, 2023 and December 31, 2022
Common stock-$0.0001 par value; 400,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 47,715,121 shares and 46,845,573 shares issued at March 31, 2023 and December 31, 2022, respectively; 47,714,178 shares and 46,841,661 shares outstanding at March 31, 2023 and December 31, 2022, respectively;	5	5
Additional paid-in capital	1,069,813	1,007,485
Accumulated other comprehensive loss	(232)	(429)
Accumulated deficit	(371,969)	(331,093)
Total stockholders’ equity	697,617	675,968
Total liabilities and stockholders’ equity	$ 758,414	$ 740,773

Accrued expenses and other current liabilities.

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Prometheus Biosciences, Inc. 10-Q