Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 32,811	$ 56,221
Investments	90,160	75,179
Prepaid expenses and other current assets	3,783	2,634
Total current assets	126,754	134,034
Property and equipment, net	1,558	1,730
Restricted cash	822	823
Right-of-use assets	20,515	21,980
Other non-current assets	337	0
Total assets	149,986	158,567
Current liabilities:
Accounts payable	763	2,324
Accrued expenses and other current liabilities	17,676	17,322
Total current liabilities	18,439	19,646
Non-current operating lease liabilities	20,526	22,185
Total liabilities	38,965	41,831
Commitments and contingencies (Note 11)
Stockholders' equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at June 30, 2024 and December 31, 2023; no shares issued or outstanding at June 30, 2024 and December 31, 2023	0	0
Common stock; $0.0001 par value; 500,000,000 shares authorized at June 30, 2024 and December 31, 2023; 56,408,487 shares issued and outstanding at June 30, 2024 and 51,645,557 shares issued and outstanding at December 31, 2023	7	7
Additional paid-in capital	566,694	534,187
Accumulated other comprehensive loss	(115)	(27)
Accumulated deficit	(455,565)	(417,431)
Total stockholders' equity	111,021	116,736
Total liabilities and stockholders' equity	$ 149,986	$ 158,567

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).