XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 31,905 $ 22,353
Short-term investments 35,593 80,400
Prepaid expenses and other current assets 1,937 2,068
Total current assets 69,435 104,821
Property and equipment, net 1,665 2,043
Operating lease right-of-use assets 21,490 33,233
Restricted cash 1,992 1,392
Other assets   1,111
Total assets 94,582 142,600
Current liabilities:    
Accounts payable 4,971 3,131
Restructuring liability 3,127  
Accrued expenses and other current liabilities 6,095 9,374
Operating lease liabilities 4,269 5,434
Deferred revenue 814 1,658
Total current liabilities 19,276 19,597
Operating lease liabilities, net of current portion 32,479 21,447
Deferred revenue, net of current portion 11,850 12,136
Total liabilities 63,605 53,180
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized at June 30, 2024 and December 31, 2023; no shares issued and outstanding at June 30, 2024 and December 31, 2023
Common stock, $0.001 par value; 200,000,000 shares authorized at June 30, 2024 and December 31, 2023; 65,455,735 and 57,214,550 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 65 57
Additional paid-in capital 412,854 400,685
Accumulated other comprehensive income (loss), net of tax (4) 33
Accumulated deficit (381,938) (311,355)
Total stockholders’ equity 30,977 89,420
Total liabilities and stockholders’ equity $ 94,582 $ 142,600