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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 23,425 $ 56,221
Investments 89,257 75,179
Prepaid expenses and other current assets 2,856 2,634
Total current assets 115,538 134,034
Property and equipment, net 1,472 1,730
Restricted cash 826 823
Right-of-use assets 19,767 21,980
Other non-current assets 293 0
Total assets 137,896 158,567
Current liabilities:    
Accounts payable 1,971 2,324
Accrued expenses and other current liabilities 18,829 17,322
Total current liabilities 20,800 19,646
Non-current operating lease liabilities 19,670 22,185
Total liabilities 40,470 41,831
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at September 30, 2024 and December 31, 2023; no shares issued or outstanding at September 30, 2024 and December 31, 2023 0 0
Common stock; $0.0001 par value; 500,000,000 shares authorized at September 30, 2024 and December 31, 2023; 56,521,914 shares issued and outstanding at September 30, 2024 and 51,645,557 shares issued and outstanding at December 31, 2023 7 7
Additional paid-in capital 568,434 534,187
Accumulated other comprehensive income (loss) 107 (27)
Accumulated deficit (471,122) (417,431)
Total stockholders' equity 97,426 116,736
Total liabilities and stockholders' equity $ 137,896 $ 158,567