Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 132,288	$ 49,498
Short-term investments	94,729	262,519
Prepaid expenses and other current assets	3,603	4,444
Total current assets	230,620	316,461
Restricted cash	1,032	1,032
Property and equipment, net	11,650	12,638
Operating lease right-of-use assets	15,974	16,705
Other non-current assets	5,297	3,235
Total assets	264,573	350,071
Current liabilities:
Accounts payable	11,515	10,426
Accrued and other current liabilities	26,411	17,568
Operating lease liabilities, current	2,716	2,518
Total current liabilities	40,642	30,512
Operating lease liabilities, non-current	24,914	26,454
Total liabilities	65,556	56,966
Commitments and contingencies (Note 5)
Stockholders’ equity:
Common stock	110	109
Additional paid-in capital	1,013,211	1,003,685
Accumulated other comprehensive (loss) income	(93)	10
Accumulated deficit	(814,211)	(710,699)
Total stockholders’ equity	199,017	293,105
Total liabilities and stockholders’ equity	$ 264,573	$ 350,071