Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 99,915,000	$ 331,549,000
Marketable securities	534,216,000	27,225,000
Prepaid expenses and other current assets	3,150,000	2,595,000
Total current assets	637,281,000	361,369,000
Property and equipment, net	1,553,000	601,000
Right-of-use asset	1,713,000	602,000
Total assets	640,547,000	362,572,000
Current liabilities:
Accounts payable	28,041,000	23,831,000
Accrued expenses	89,980,000	91,461,000
Lease liability	527,000	602,000
Total current liabilities	118,548,000	115,894,000
Long term liabilities:
Loan payable, net of discount	115,480,000	49,289,000
Lease liability	1,186,000	0
Total long term liabilities	116,666,000	49,289,000
Total liabilities	235,214,000	165,183,000
Stockholders’ equity:
Preferred stock, par value $0.0001 per share authorized: 5,000,000 shares at December 31, 2023 and December 31, 2022; 2,369,797 and 2,369,797 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	0	0
Common stock, par value $0.0001 per share authorized: 200,000,000 at December 31, 2023 and December 31, 2022; 19,875,427 and 18,102,523 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	2,000	2,000
Additional paid-in-capital	1,741,153,000	1,160,079,000
Accumulated other comprehensive income (loss)	468,000	(32,000)
Accumulated deficit	(1,336,290,000)	(962,660,000)
Total stockholders’ equity	405,333,000	197,389,000
Total liabilities and stockholders’ equity	$ 640,547,000	$ 362,572,000