Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 136,586	$ 148,210
Short-term investments	175,819	48,947
Prepaid expenses and other current assets	3,518	3,191
Total current assets	315,923	200,348
Property and equipment, net	15,422	17,174
Operating lease right-of-use assets	3,000	3,681
Finance lease right-of-use assets	71	98
Restricted cash	339	508
Other non-current assets	975	764
Total assets	335,730	222,573
Current liabilities:
Accounts payable	1,336	2,596
Accrued expenses and other current liabilities	9,731	17,495
Operating lease liabilities, current	2,945	2,559
Finance lease liabilities, current	54	42
Contingent value rights liability, current	1,091	281
Total current liabilities	15,157	22,973
Operating lease liabilities, non-current	9,403	12,302
Finance lease liabilities, non-current	26	65
Contingent value rights liability, non-current	718	1,006
Other liabilities	51	203
Total liabilities	25,355	36,549
Stockholders' equity
Preferred Stock, Value, Issued	0	0
Common stock, value, issued	0	0
Additional paid-in capital	572,673	373,178
Accumulated deficit	(262,298)	(187,154)
Total stockholders' equity	310,375	186,024
Total liabilities and stockholders' equity	$ 335,730	$ 222,573