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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 118,038 $ 44,365
Prepaid expenses and other current assets 1,411 963
Total current assets 119,449 45,328
Property and equipment, net 1,160 1,528
Intangible assets, net 1,220 1,886
Goodwill 2,791 2,791
Right-of-use assets 7,163 7,256
Other assets 677 365
Total assets 132,460 59,154
Current liabilities:    
Accounts payable 1,673 1,836
Accrued expenses 7,027 3,814
Lease liability, current 1,355 1,058
Total current liabilities 10,055 6,708
Lease liability, less current portion 7,543 8,086
Total liabilities 17,598 14,794
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.001 par value; authorized – 50,000 shares; no shares issued and outstanding 0 0
Common stock, $0.001 par value; authorized – 500,000 shares; issued and outstanding – 65,926 shares and 55,144 shares at December 31, 2024 and 2023, respectively 66 55
Additional paid-in capital 505,296 381,220
Accumulated other comprehensive income (loss) 0 0
Accumulated deficit (390,500) (336,915)
Total stockholders’ equity 114,862 44,360
Total liabilities and stockholders’ equity $ 132,460 $ 59,154