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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 41,506 $ 37,318
Short-term investments 485,616 386,639
Prepaid expenses and other current assets 10,713 8,524
Total current assets 537,835 432,481
Property and equipment, net 1,709 1,859
Operating lease right-of-use assets 6,698 6,993
Other long-term assets 7,666 7,602
Total assets 553,908 448,935
Current liabilities:    
Accounts payable and accrued expenses 30,903 33,757
Current operating lease liabilities 1,363 1,506
Total current liabilities 32,266 35,263
Long-term debt, net 9,376 9,332
Long-term operating lease liabilities 6,231 6,362
Other long-term liabilities 951 705
Total liabilities 48,824 51,662
Stockholders'equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares issued and outstanding
Common stock, $0.0001 par value; 200,000 shares authorized; 76,181 and 74,350 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 8 7
Additional paid-in capital 1,276,856 1,119,976
Accumulated other comprehensive loss (816) (1,271)
Accumulated deficit (770,964) (721,439)
Total stockholders'equity 505,084 397,273
Total liabilities and stockholders'equity $ 553,908 $ 448,935