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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 16,272 $ 30,620
Restricted cash 47 54
Investment in marketable securities 53,913 62,633
Prepaid and other current assets 3,303 2,656
Total Current Assets 73,535 95,963
Non-current Assets:    
Operating lease right-of-use assets 122 207
Non-current prepaid expenses and other assets 2,541 1,515
Total Non-current Assets 2,663 1,722
Total Assets 76,198 97,685
Current Liabilities:    
Trade payables 3,986 1,659
Accrued expenses 6,168 4,119
Employee related obligations 1,071 1,645
Operating lease liabilities 123 115
Other current liabilities 1,313 0
Total Current Liabilities 12,661 7,538
Long-term Liabilities:    
Non-current operating lease liabilities 0 99
Other liabilities 0 1,313
Total Long-term Liabilities 0 1,412
Total Liabilities 12,661 8,950
Commitments and Contingencies
Stockholders' Equity:    
Preferred stock: $0.0001 par value; 20,000,000 shares authorized at September 30, 2024 and December 31, 2023; no shares issued and outstanding at September 30, 2024 and December 31, 2023 0 0
Common stock: $0.0001 par value; 150,000,000 shares authorized at September 30, 2024 and December 31, 2023; 14,751,433 and 14,098,888 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 782,650 780,044
Accumulated other comprehensive income 34 26
Accumulated deficit (719,148) (691,336)
Total Stockholders' Equity 63,537 88,735
Total Liabilities and Stockholders’ Equity $ 76,198 $ 97,685