Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 28,133	$ 56,495
Short-term investments in treasury securities	122,306	119,808
Prepaid expenses and other current assets	3,124	3,833
Total current assets	153,563	180,136
Restricted cash	2,903	2,903
Property and equipment, net	21,108	22,524
Operating lease right-of-use asset	13,383	14,228
Other non-current assets	314	428
Total assets	191,271	220,219
Current liabilities:
Accounts payable	4,403	4,830
Accrued and other current liabilities	9,061	11,430
Operating lease liability	2,983	3,132
Total current liabilities	16,447	19,392
Operating lease liability, net of current portion	13,262	14,102
Other non-current liabilities	116	116
Total liabilities	29,825	33,610
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.0001 par value, 10,000,000 shares authorized as of March 31, 2025 and December 31, 2024, respectively; none issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	0	0
Common stock, $0.0001 par value, 300,000,000 and 150,000,000 shares authorized as of March 31, 2025 and December 31, 2024, respectively; 82,709,625 and 82,569,168 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	8	8
Additional paid-in capital	687,555	684,479
Accumulated deficit	(526,108)	(497,894)
Accumulated other comprehensive (loss) income	(9)	16
Total stockholders’ equity	161,446	186,609
Total liabilities and stockholders’ equity	$ 191,271	$ 220,219