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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 72,630 $ 25,563
Marketable securities 184,604 210,658
Unbilled accounts receivable 3,656 537
Prepaid expenses and other current assets 6,599 5,441
Total current assets 267,489 242,199
Property and equipment, net 4,218 5,216
Operating lease right-of-use assets 6,024 7,176
Restricted cash 1,201 1,092
Other assets 76 2,011
Total assets 279,008 257,694
Current liabilities:    
Accounts payable 4,041 2,757
Accrued expenses and other current liabilities 8,334 8,726
Operating Lease Liability, current 2,134 2,192
Total current liabilities 14,509 13,675
Operating lease liability, excluding current portion 7,011 8,629
Other liabilities, excluding current portion 197 197
Total liabilities 21,717 22,501
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized; 53,938,661 and 61,915,367 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 54 62
Additional paid-in capital 759,688 744,940
Accumulated other comprehensive gain (loss) 379 (136)
Accumulated deficit (502,830) (509,673)
Total stockholders’ equity 257,291 235,193
Total liabilities and stockholders’ equity $ 279,008 $ 257,694