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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 23,800 $ 22,353
Short-term investments 27,826 80,400
Prepaid expenses and other current assets 2,818 2,068
Total current assets 54,444 104,821
Property and equipment, net 1,613 2,043
Operating lease right-of-use assets 20,707 33,233
Restricted cash 1,992 1,392
Other assets   1,111
Total assets 78,756 142,600
Current liabilities:    
Accounts payable 2,292 3,131
Restructuring liability 4,855  
Accrued expenses and other current liabilities 3,197 9,374
Operating lease liabilities 4,003 5,434
Deferred revenue 607 1,658
Total current liabilities 14,954 19,597
Operating lease liabilities, net of current portion 31,321 21,447
Deferred revenue, net of current portion 11,862 12,136
Total liabilities 58,137 53,180
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized at September 30, 2024 and December 31, 2023; no shares issued and outstanding at September 30, 2024 and December 31, 2023
Common stock, $0.001 par value; 200,000,000 shares authorized at September 30, 2024 and December 31, 2023; 65,456,735 and 57,214,550 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 65 57
Additional paid-in capital 414,345 400,685
Accumulated other comprehensive income, net of tax 20 33
Accumulated deficit (393,811) (311,355)
Total stockholders’ equity 20,619 89,420
Total liabilities and stockholders’ equity $ 78,756 $ 142,600