Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 34,720	$ 56,495
Short-term investments in treasury securities	90,243	119,808
Prepaid expenses and other current assets	2,777	3,833
Total current assets	127,740	180,136
Restricted cash	2,903	2,903
Property and equipment, net	19,549	22,524
Operating lease right-of-use asset	12,555	14,228
Other non-current assets	225	428
Total assets	162,972	220,219
Current liabilities:
Accounts payable	3,292	4,830
Accrued and other current liabilities	10,834	11,430
Operating lease liability	2,953	3,132
Total current liabilities	17,079	19,392
Operating lease liability, net of current portion	12,405	14,102
Other non-current liabilities	116	116
Total liabilities	29,600	33,610
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.0001 par value, 10,000,000 shares authorized as of June 30, 2025 and December 31, 2024, respectively; none issued and outstanding as of June 30, 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 June 30, 2025 and December 31, 2024, respectively; 83,252,520 and 82,569,168 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively	8	8
Additional paid-in capital	690,730	684,479
Accumulated deficit	(557,325)	(497,894)
Accumulated other comprehensive (loss) income	(41)	16
Total stockholders’ equity	133,372	186,609
Total liabilities and stockholders’ equity	$ 162,972	$ 220,219