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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (30,531) $ (25,180)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 2 221
Non-cash lease cost 512 476
Share-based compensation 4,136 4,027
Changes in operating assets and liabilities:    
Collaboration receivable, current and non-current - related party 21,396 0
Other receivables (3,189) (1,004)
Prepaid expenses and other current assets 982 (5,192)
Other assets 1 0
Accounts payable 1,318 693
Accrued expenses and other current liabilities 3,454 (3,372)
Deferred revenue, current and non-current (254) (492)
Deferred revenue - related party, current and non-current (9,966) (1,034)
Other long-term liabilities (62) (24)
Operating lease liability (605) (536)
Net cash provided by (used in) operating activities (12,806) (31,417)
Cash flows from investing activities:    
Net decrease in cash and cash equivalents: (12,806) (31,417)
Cash, cash equivalents and restricted cash at beginning of period 76,333 109,107
Cash, cash equivalents and restricted cash at end of period $ 63,527 $ 77,690