Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 58,212	$ 25,563
Marketable securities	182,809	210,658
Unbilled accounts receivable	2,096	537
Prepaid expenses and other current assets	6,806	5,441
Total current assets	249,923	242,199
Property and equipment, net	3,900	5,216
Operating lease right-of-use assets	5,684	7,176
Restricted cash	1,201	1,092
Other assets	10	2,011
Total assets	260,718	257,694
Current liabilities:
Accounts payable	1,164	2,757
Accrued expenses and other current liabilities	7,694	8,726
Operating lease liability, current	2,186	2,192
Total current liabilities	11,044	13,675
Operating lease liability, excluding current portion	6,443	8,629
Other liabilities, excluding current portion	197	197
Total liabilities	17,684	22,501
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $0.001 par value; 200,000,000 shares authorized; 53,968,303 and 61,915,367 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	54	62
Additional paid-in capital	762,248	744,940
Accumulated other comprehensive gain (loss)	130	(136)
Accumulated deficit	(519,398)	(509,673)
Total stockholders’ equity	243,034	235,193
Total liabilities and stockholders’ equity	$ 260,718	$ 257,694