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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 55,816 $ 73,456
Short-term marketable securities 88,369 198,036
Prepaid expenses and other current assets 9,202 9,787
Restricted cash 2,999 0
Total current assets 156,444 288,859
Property and equipment, net 7,033 8,496
Operating lease right-of-use asset 0 2,096
Restricted cash 2,455 3,954
Other non-current assets 2,936 3,997
Total assets 168,868 307,402
Current liabilities:    
Accounts payable 2,982 8,453
Accrued liabilities 17,099 33,638
Operating lease liability, current 0 5,385
Contract liabilities 0 366
Total current liabilities 20,081 47,842
Other non-current liabilities 149 0
Total liabilities 20,230 47,842
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued or outstanding as of December 31, 2023 and 2022, respectively 0 0
Common stock, $0.001 par value; 400,000 shares authorized; 82,907 and 81,885 shares issued and outstanding as of December 31, 2023 and 2022, respectively 83 82
Additional paid-in capital 872,545 841,413
Accumulated other comprehensive income (loss) 18 (302)
Accumulated deficit (724,008) (581,633)
Total stockholders' equity 148,638 259,560
Total liabilities and stockholders' equity 168,868 307,402
Related Party    
Current assets:    
Related party receivable from collaboration $ 58 $ 7,580