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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues $ 640 $ 2,679
Operating expenses:    
Research and development 53,341 38,468
General and administrative 20,828 12,189
Total operating expenses 74,169 50,657
Loss from operations (73,529) (47,978)
Other income (expense):    
Interest income 7,320 2,038
Other expense, net (251) (55)
Total other income, net 7,069 1,983
Loss before equity method investment (66,460) (45,995)
Loss on equity method investment (470) 0
Net loss $ (66,930) $ (45,995)
Net loss per share:    
Net loss per share - basic $ (0.93) $ (0.85)
Net loss per share - diluted $ (0.93) $ (0.85)
Weighted average shares - basic 72,289 53,908
Weighted average shares - diluted 72,289 53,908
Other comprehensive income (loss):    
Unrealized gain (loss) on investment securities $ (827) $ 1,417
Comprehensive loss $ (67,757) $ (44,578)