XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 44,806 $ 86,097
Marketable securities, available for sale 447,730 232,296
Prepaid expenses and other assets 6,900 8,604
Total current assets 499,436 326,997
Property and equipment, net 9,966 10,443
Operating lease right-of-use asset 1,618 2,247
Other non-current assets 262 348
Total assets 511,282 340,035
Current liabilities    
Accounts payable 5,649 4,025
Accrued compensation 6,185 5,695
Accrued other expenses 6,131 6,071
Operating lease liability, current portion 992 980
Total current liabilities 18,957 16,771
Operating lease liability, net of current portion 3,448 4,434
Total liabilities 22,405 21,205
Commitments and contingencies (see note 5)
Stockholders' equity:    
Preferred stock, $.0001 par value per share; 200,000,000 shares authorized and no shares issued or outstanding as of September 30, 2024 and December 31, 2023
Common stock, $.0001 par value per share; 1,000,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 94,408,911 shares and 70,453,342 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 9 7
Additional paid-in capital 826,731 563,487
Accumulated other comprehensive income 1,051 99
Accumulated deficit (338,914) (244,763)
Total stockholders' equity 488,877 318,830
Total liabilities and stockholders' equity $ 511,282 $ 340,035