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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 31,040 $ 37,494
Short-term investments 217,149 314,649
Prepaid expenses and other current assets 4,882 8,545
Total current assets 253,071 360,688
Restricted cash 2,743 2,743
Property and equipment, net 79,326 61,908
Operating lease right-of-use assets 39,949 45,749
Other long-term assets 3,796 1,850
Total assets 378,885 472,938
Current liabilities:    
Accounts payable 3,665 1,761
Operating lease liabilities, current portion 6,069 4,249
Accrued and other current liabilities 13,596 16,036
Total current liabilities 23,330 22,046
Operating lease liabilities, net of current portion 82,270 78,685
Total liabilities 105,600 100,731
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 54,350,179 shares authorized; no shares issued and outstanding at December 31, 2023 and 2022
Common stock, $0.0001 par value; 100,000,000 shares authorized; 49,181,295 and 48,877,806 shares issued and outstanding at December 31, 2023 and 2022, respectively 5 5
Additional paid-in capital 708,706 690,814
Accumulated other comprehensive income (loss) 8 (679)
Accumulated deficit (435,434) (317,933)
Total stockholders' equity 273,285 372,207
Total liabilities and stockholders' equity $ 378,885 $ 472,938