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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 55,499 $ 126,590
Marketable securities, current 189,405 127,091
Accounts receivable 3,102 11,799
Prepaid expenses and other current assets 9,761 5,709
Total current assets 257,767 271,189
Marketable securities, non-current 22,359 28,008
Property and equipment, net 5,842 7,132
Right-of-use asset 57,536 63,956
Restricted cash 3,443 3,443
Other assets 2,655 2,723
Total assets 349,602 376,451
Current liabilities:    
Accounts payable 1,328 1,446
Accrued expenses and other current liabilities 19,363 20,630
Deferred revenue, current 18,712 15,471
Operating lease liability, current 5,774 5,219
Total current liabilities 45,177 42,766
Deferred revenue, net of current 28,457 21,814
Operating lease liability, net of current 59,982 65,757
Total liabilities 133,616 130,337
Commitments and contingencies (See Note 6 and Note 9)
Stockholders’ equity:    
Preferred stock, par value of $0.0001 per share; 10,000,000 shares authorized, and no shares issued or outstanding as of December 31, 2024 and 2023, respectively 0 0
Common stock, par value of $0.0001 per share; 150,000,000 shares authorized, and 70,625,899 and 60,467,188 shares issued and outstanding as of December 31, 2024 and 2023, respectively 7 6
Additional paid-in capital 849,625 774,618
Accumulated other comprehensive income (loss) 53 (127)
Accumulated deficit (633,699) (528,383)
Total stockholders’ equity 215,986 246,114
Total liabilities and stockholders’ equity $ 349,602 $ 376,451