Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 76,127	$ 68,802
Marketable securities, current	294,894	162,073
Accounts receivable	1,702	80,150
Related party collaboration receivable	1,549	3,341
Prepaid expenses and other current assets	7,298	5,318
Total current assets	381,570	319,684
Property and equipment, net	16,267	16,494
Deposits and other non-current assets	2,874	1,593
Operating lease, right-of-use assets	35,514	13,510
Total assets	436,225	351,281
Current liabilities:
Accounts payable	2,605	1,604
Accrued expenses	10,273	16,823
Other current liabilities	6,736	3,200
Deferred revenue, current	20,516	42,881
Total current liabilities	40,130	64,508
Deferred revenue, non-current	19,473	32,359
Other non-current liabilities	41,205	18,094
Total liabilities	100,808	114,961
Commitments and contingencies (see note 7)
Stockholders' equity:
Preferred stock, $0.001 par value: 5,000,000 shares authorized at June 30, 2024 and December 31, 2023; no shares issued and outstanding at June 30, 2024 and December 31, 2023
Common stock, $0.001 par value: 120,000,000 shares authorized at June 30, 2024 and December 31, 2023; 54,472,113 and 44,038,333 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively	54	44
Additional paid-in capital	618,538	497,506
Accumulated other comprehensive loss	(522)	(48)
Accumulated deficit	(282,653)	(261,182)
Total stockholders' equity	335,417	236,320
Total liabilities and stockholders' equity	$ 436,225	$ 351,281

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).