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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 73,847,000 $ 75,536,000
Marketable securities 189,631,000 0
Prepaid expenses and other current assets 5,128,000 2,217,000
Total current assets 268,606,000 77,753,000
Property and equipment, net 806,000 890,000
Operating lease right-of-use assets 398,000 626,000
Deferred offering costs 563,000 3,975,000
Restricted cash 54,000 54,000
Other long-term assets 3,614,000 0
Total assets 274,041,000 83,298,000
Current liabilities:    
Accounts payable 1,493,000 3,438,000
Accrued expenses and other current liabilities 10,586,000 6,277,000
Total current liabilities 12,079,000 9,715,000
Long-term liabilities 214,000 659,000
Total liabilities 12,293,000 10,374,000
Commitments and contingencies (Note 9):
Preferred stock, value
Stockholders' equity (deficit):    
Preferred stock, value
Common stock, par value $0.001 and $0.0001 at September 30, 2023 and December 31, 2022, respectively; authorized shares - 100,000,000 and 26,264,364 at September 30, 2023 and December 31, 2022, respectively; issued and outstanding shares - 41,204,973 and 3,570,019 at September 30, 2023 and December 31, 2022, respectively 41,000 1,000
Additional paid-in capital 396,932,000 6,038,000
Accumulated other comprehensive loss (147,000) 0
Accumulated deficit (135,078,000) (82,864,000)
Total stockholders' equity (deficit) 261,748,000 (76,825,000)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) 274,041,000 83,298,000
Convertible Preferred Stock    
Current liabilities:    
Preferred stock, value 0 149,749,000
Stockholders' equity (deficit):    
Preferred stock, value $ 0 $ 149,749,000