XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 46,930 $ 66,886
Marketable securities, short-term 205,582 176,636
Prepaid expenses and other current assets 3,319 3,093
Total current assets 255,831 246,615
Marketable securities, long-term 44,108 62,553
Right-of-use asset 353 381
Restricted cash 234 233
Property and equipment, net 117 122
Other assets 324 221
Total assets 300,967 310,125
Current liabilities    
Accounts payable 3,079 1,379
Accrued clinical trial expenses 2,367 4,387
Accrued expenses and other current liabilities 2,905 6,339
Finance lease liability, short-term 0 756
Operating lease liability, short-term 121 110
Total current liabilities 8,472 12,971
Operating lease liability, long-term 252 284
Debt, long-term 30,209 29,897
Total liabilities 38,933 43,152
Commitments and contingencies (Note 10)
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 60,079,778 and 57,910,461 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 6 6
Additional paid-in capital 499,843 489,453
Accumulated deficit (237,671) (222,798)
Accumulated other comprehensive income (loss) (144) 312
Total stockholders’ equity 262,034 266,973
Total liabilities and stockholders’ equity $ 300,967 $ 310,125