Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 111,471	$ 215,507
Prepaid expenses and other current assets	4,935	4,924
Total current assets	116,406	220,431
Property and equipment, net	1,603	2,728
Operating lease right-of-use-asset, net	1,495	2,423
Other assets	154	154
Total assets	119,658	225,736
Current liabilities:
Accounts payable and accrued expenses	26,720	21,610
Operating lease liabilities	1,624	1,521
Total current liabilities	28,344	23,131
Operating lease liabilities, less current portion	836	2,460
Liability to licensor	19,806	19,806
Total liabilities	48,986	45,397
Commitments and contingencies (Note 6)
Stockholders' equity:
Preferred stock, $0.0001 par value; 200,000,000 shares authorized at December 31, 2022 and December 31, 2021; 0 shares issued and outstanding at December 31, 2022 and December 31, 2021	0	0
Common stock value	5	5
Additional paid-in capital	486,930	473,135
Accumulated deficit	(416,263)	(292,801)
Total stockholders' equity	70,672	180,339
Total liabilities and stockholders' equity	$ 119,658	$ 225,736