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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 39,266 $ 33,986
Short-term investments 43,387 141,040
Assets Held For Sale 260 0
Prepaid expenses and other current assets 1,001 5,989
Total current assets 83,914 181,015
Equity method investment 0 25,814
Property and equipment, net 0 1,078
Right-of-use assets 650 20,563
Total assets 84,564 228,470
Current liabilities:    
Accounts payable 3,234 1,144
Accrued expenses and other liabilities 7,021 18,715
Operating Lease Liabilities 1,318 1,561
Deferred revenue 0 1,156
Total current liabilities 11,573 22,576
Non-current liabilities:    
Operating lease liabilities, net of current portion 0 27,916
Total liabilities 11,573 50,492
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding at December 31, 2023 and 2022 0 0
Common stock, $0.0001 par value; 200,000,000 shares authorized; 58,017,412 and 57,483,910 shares issued and outstanding as of December 31, 2023 and 2022, respectively 6 6
Additional paid-in capital 615,088 607,513
Accumulated other comprehensive gain (5) (404)
Accumulated deficit (542,098) (429,137)
Total stockholders’ equity 72,991 177,978
Total liabilities and stockholders' equity $ 84,564 $ 228,470