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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 30,772 $ 27,042
Marketable securities 59,487 78,792
Prepaid expenses and other current assets 2,911 3,764
Total current assets 93,170 109,598
Long-term equity investments 22,022 17,626
Restricted cash 1,931 1,931
Right-of-use asset, net 13,628 13,894
Property and equipment, net 686 769
Other noncurrent assets 174 210
Total assets 131,613 144,027
Current liabilities:    
Accounts payable 3,596 3,703
Accrued expenses 4,039 6,525
Current portion, lease liability 1,268 1,246
Total current liabilities 8,903 11,474
Long-term liabilities:    
Lease liability 14,430 14,756
Royalty monetization liability 30,000 30,000
Total liabilities 53,333 56,230
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; Series A convertible preferred stock, 10,000 shares designated, 1,250 shares issued and outstanding at March 31, 2024 and December 31, 2023 0 0
Common stock, $0.001 par value; 125,000,000 shares authorized; 70,783,961 and 70,691,992 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 71 71
Additional paid-in-capital 367,787 365,591
Accumulated other comprehensive (loss) income (19) 1
Accumulated deficit (289,560) (277,866)
Total stockholders' equity 78,279 87,797
Total liabilities and stockholders' equity $ 131,613 $ 144,027