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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 15,799 $ 22,353
Short-term investments 71,319 80,400
Prepaid expenses and other current assets 2,325 2,068
Total current assets 89,443 104,821
Property and equipment, net 3,783 2,043
Operating lease right-of-use assets 45,626 33,233
Restricted cash 1,992 1,392
Other assets 683 1,111
Total assets 141,527 142,600
Current liabilities:    
Accounts payable 2,844 3,131
Accrued expenses and other current liabilities 10,057 9,374
Operating lease liabilities 4,504 5,434
Deferred revenue 1,319 1,658
Total current liabilities 18,724 19,597
Operating lease liabilities, net of current portion 33,356 21,447
Deferred revenue, net of current portion 11,943 12,136
Total liabilities 64,023 53,180
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized at March 31, 2024 and December 31, 2023; no shares issued and outstanding at March 31, 2024 and December 31, 2023
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2024 and December 31, 2023; 60,964,775 and 57,214,550 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 61 57
Additional paid-in capital 411,225 400,685
Accumulated other comprehensive income, net of tax 25 33
Accumulated deficit (333,807) (311,355)
Total stockholders’ equity 77,504 89,420
Total liabilities and stockholders’ equity $ 141,527 $ 142,600