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BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 11,134 $ 25,291
Marketable securities 142,492 207,644
Prepaid expenses and other current assets 2,761 2,654
Total current assets 156,387 235,589
Restricted cash 4,044 4,044
Property and equipment, net 7,202 7,325
Operating lease right-of-use asset 29,182 30,412
Other assets 405 295
Total assets 197,220 277,665
Current liabilities:    
Accounts payable 5,921 4,580
Accrued expenses and other current liabilities 13,579 15,768
Operating lease liability 2,365 1,481
Finance lease liability 359  
Total current liabilities 22,224 21,829
Other liabilities 3,153 3,339
Operating lease liability 15,412 15,407
Total liabilities 40,789 40,575
Commitments (Note 8)
Stockholders’ equity:    
Additional paid-in capital 711,091 693,252
Accumulated other comprehensive income 167 223
Accumulated deficit (554,832) (456,390)
Total stockholders’ equity 156,431 237,090
Total liabilities and stockholders’ equity 197,220 277,665
Voting Common Stock    
Stockholders’ equity:    
Common stock 4 4
Non-voting Common Stock    
Stockholders’ equity:    
Common stock $ 1 $ 1