Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 302,162	$ 54,897
Investment securities	560,791	503,658
Prepaid expenses and other current assets	11,823	15,598
Total current assets	874,776	574,153
Property and equipment, net	12,247	10,881
Operating lease right-of-use assets	45,010	46,549
Investment in Radionetics	0	470
Restricted cash	1,300	1,300
Other assets	2,202	2,000
Total assets	935,535	635,353
Current liabilities:
Accounts payable and accrued expenses	23,997	23,196
Accrued compensation and related expenses	20,375	14,517
Deferred revenue	2,560	2,056
Operating lease liabilities	7,445	4,173
Total current liabilities	54,377	43,942
Operating lease liabilities, non-current	45,873	47,555
Deferred revenue, non-current	4,320	4,750
Other non-current liabilities	202	0
Total liabilities	104,772	96,247
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, $0.001 par; 10,000 shares authorized; no shares issued or outstanding at June 30, 2024 or December 31, 2023	0	0
Common stock and paid-in capital, $0.001 par; 200,000 shares authorized; 79,322 shares issued and outstanding at June 30, 2024; 68,175 shares issued and outstanding at December 31, 2023	1,625,640	1,191,831
Accumulated other comprehensive income (loss)	(190)	977
Accumulated deficit	(794,687)	(653,702)
Total stockholders’ equity	830,763	539,106
Total liabilities and stockholders’ equity	$ 935,535	$ 635,353