XML 10 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 623,854 $ 234,207
Short-term marketable securities 279,811 315,803
Prepaid expenses and other current assets 7,615 9,952
Total current assets 911,280 559,962
Long-term marketable securities   19,283
Property and equipment, net 17 18
Right of use asset 946 1,008
Total assets 912,243 580,271
Current liabilities:    
Accounts payable 13,783 7,038
Accrued expenses and other current liabilities 16,476 12,090
Total current liabilities 30,259 19,128
Loan payable, noncurrent 34,803 24,964
Warrant liability 178 54
Operating lease liability, noncurrent 750 819
Total liabilities 65,990 44,965
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, $0.0001 par value, 150,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 69,148,429 and 55,754,445 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 7 6
Additional paid-in capital 1,473,765 1,109,126
Accumulated other comprehensive (loss) income (79) 270
Accumulated deficit (627,440) (574,096)
Total stockholders' equity 846,253 535,306
Total liabilities and stockholders' equity $ 912,243 $ 580,271