Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 185,082	$ 340,396
Marketable securities	410,269	270,331
Prepaid and other assets	15,956	12,215
Total current assets	611,307	622,942
Property and equipment, net	8,381	6,254
Restricted cash	295	251
Right-of-use assets	8,271	8,755
Other assets	301	598
Total assets	628,555	638,800
Current liabilities:
Accounts payable and accrued liabilities	34,341	32,572
Accrued compensation	14,335	11,190
Lease liabilities, current portion	3,639	3,105
Deferred revenue, current portion	28,365	5,041
Total current liabilities	80,680	51,908
Lease liabilities, net of current portion	6,213	7,582
Deferred revenue, net of current portion	40,898	1,235
Total liabilities	127,791	60,725
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock, $0.0001 par value; authorized shares – 400,000; issued and outstanding shares – 79,275 and 69,768 at December 31, 2023 and 2022, respectively	8	7
Additional paid-in capital	1,071,395	939,310
Accumulated other comprehensive income (loss)	125	(2,698)
Accumulated deficit	(570,764)	(358,544)
Total stockholders’ equity	500,764	578,075
Total liabilities and stockholders’ equity	$ 628,555	$ 638,800