CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 99,704	$ 281,263
Marketable securities	271,209	49,787
Accounts and other receivables, net	607	805
Prepaid expenses and other current assets	9,481	9,039
Inventory	2,305	3,906
Total current assets	383,306	344,800
Property and equipment, net	8,177	5,251
Operating lease right-of-use assets	21,000	4,983
Restricted cash	150	150
Other assets	5,832	0
Total assets	418,465	355,184
Current liabilities:
Accounts payable	11,721	6,504
Accrued expenses	18,103	17,521
Deferred revenue	17,784	38,592
Other current liabilities	1,440	646
Total current liabilities	49,048	63,263
Deferred revenue - noncurrent	10,853	20,692
Operating lease liabilities - noncurrent	21,858	4,906
Other noncurrent liabilities	205	0
Total liabilities	81,964	88,861
Contingencies (Note 15)
Stockholders’ equity:
Preferred stock, $.001 par value, 5,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $.001 par value, 300,000,000 shares authorized at December 31, 2024 and December 31, 2023; 68,266,005 and 49,043,074 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	68	49
Additional paid-in capital	1,208,421	1,007,556
Accumulated deficit	(873,016)	(742,146)
Accumulated other comprehensive income	1,028	864
Total stockholders’ equity	336,501	266,323
Total liabilities and stockholders’ equity	$ 418,465	$ 355,184