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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 53,229 $ 139,886
Short-term marketable securities 212,481 119,390
Prepaid expenses and other current assets 5,061 4,435
Restricted cash 0 1,255
Total current assets 270,771 264,966
Long-term marketable securities 7,460 0
Operating lease, right-of-use assets 21,998 23,316
Property and equipment, net 8,344 7,783
Other assets 4,864 4,745
Total assets 313,437 300,810
Current liabilities:    
Accounts payable 10,655 5,842
Accrued expenses and other current liabilities 26,127 17,884
CVR liability (Note 3) 0 1,700
Operating lease liabilities 1,386 1,423
Total current liabilities 38,168 26,849
Operating lease liabilities, net of current portion 17,467 18,226
Total liabilities 55,635 45,075
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, value
Common stock, $0.001 par value; 150,000,000 shares authorized; 86,124,249 shares and 69,893,434 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 86 70
Additional paid-in capital 801,059 601,153
Accumulated other comprehensive income (loss) 246 (104)
Accumulated deficit (603,624) (411,214)
Total stockholders’ equity 257,802 255,735
Total liabilities and stockholders’ equity 313,437 300,810
Series A Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value $ 60,035 $ 65,830