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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 144,918 $ 176,866
Prepaid expenses and other current assets 2,648 2,315
Total current assets 147,566 179,181
Property and equipment, net 4,806 5,159
Operating lease right-of-use assets 9,013 9,714
Restricted cash 369 370
Other assets 6,740 5,503
Total assets 168,494 199,927
Current liabilities:    
Accounts payable 4,709 6,851
Accrued expenses and other current liabilities 17,379 13,543
Operating lease liabilities, current 3,166 2,466
Total current liabilities 25,254 22,860
Operating lease liabilities, non-current 7,926 7,830
Total liabilities 33,180 30,690
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $0.0001 par value; 10,000,000 authorized as of March 31, 2024 and December 31, 2023; 0 shares issued and outstanding as of March 31,2024 and December 31, 2023
Common stock, $0.0001 par value; 300,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 35,933,586 and 35,866,610 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 4 4
Additional paid-in capital 423,196 418,058
Accumulated deficit (287,886) (248,825)
Total stockholders' equity 135,314 169,237
Total liabilities and stockholders' equity $ 168,494 $ 199,927