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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 33,015 $ 43,921
Short-term investments 272,646 283,491
Accounts receivable 42 167
Prepaid expenses and other current assets 2,548 2,455
Total current assets 308,251 330,034
Restricted cash, noncurrent 269 268
Property and equipment, net 1,356 1,484
Operating lease, right-of-use asset 7,317 7,510
Long-term investments 56,453 40,556
Total assets 373,646 379,852
Current liabilities:    
Accounts payable 4,170 3,593
Accrued liabilities 16,891 21,187
Deferred revenue, current 10,227 16,288
Operating lease liability, current 950 912
Total current liabilities 32,238 41,980
Deferred revenue, noncurrent 0 929
Operating lease liability, noncurrent 8,705 9,002
Total liabilities 40,943 51,911
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; 10,000,000 shares authorized at March 31, 2024 and December 31, 2023; zero shares issued and outstanding at March 31, 2024 and December 31, 2023 0 0
Common stock, $0.001 par value per share; 200,000,000 shares authorized at March 31, 2024 and December 31, 2023; 65,552,322 and 60,347,457 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 66 60
Additional paid-in capital 606,963 583,629
Accumulated other comprehensive (loss) income (263) 397
Accumulated deficit (274,063) (256,145)
Total stockholders’ equity 332,703 327,941
Total liabilities and stockholders’ equity $ 373,646 $ 379,852