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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 32,499 $ 53,208
Short-term investments 283,725 368,031
Other receivables 1,326 899
Inventory 4,491 4,627
Prepaid expenses and other current assets 3,082 2,098
Total current assets 330,513 434,982
Long-term investments 56,858 5,157
Operating lease right-of-use assets 25,177 27,003
Property and equipment, net 22,193 19,408
Restricted cash 524 524
Other assets 1,004 855
Total assets 436,269 487,929
Current liabilities:    
Accounts payable 1,370 2,104
Accrued expenses 9,212 8,298
Deferred revenue 206 133
Operating lease liabilities, current 2,295 1,842
Other current liabilities 139 207
Total current liabilities 13,222 12,584
Operating lease liabilities, net of current portion 25,964 28,032
Other noncurrent liabilities 179 320
Total liabilities 39,365 40,936
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.00001 par value; 5,000,000 shares authorized as of December 31, 2023 and 2022; zero shares issued and outstanding as of December 31, 2023 and 2022 0 0
Additional paid-in capital 702,868 667,739
Accumulated other comprehensive loss (192) (1,251)
Accumulated deficit (305,773) (219,496)
Total stockholders’ equity 396,904 446,993
Total liabilities and stockholders’ equity 436,269 487,929
Class A common stock    
Stockholders’ equity:    
Common stock 1 1
Class B common stock    
Stockholders’ equity:    
Common stock 0 0
Nonrelated Party    
Current assets:    
Accounts receivable, net 4,831 4,315
Related Party    
Current assets:    
Accounts receivable, net $ 559 $ 1,804