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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 310,355 $ 234,207
Short-term marketable securities 449,839 315,803
Prepaid expenses and other current assets 15,816 9,952
Total current assets 776,010 559,962
Long-term marketable securities 88,133 19,283
Property and equipment, net 16 18
Right of use asset 884 1,008
Total assets 865,043 580,271
Current liabilities:    
Accounts payable 14,568 7,038
Accrued expenses and other current liabilities 16,606 12,090
Total current liabilities 31,174 19,128
Loan payable, noncurrent 34,959 24,964
Warrant liability 164 54
Operating lease liability, noncurrent 679 819
Total liabilities 66,976 44,965
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, $0.0001 par value, 150,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 69,205,668 and 55,754,445 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 7 6
Additional paid-in capital 1,481,748 1,109,126
Accumulated other comprehensive (loss) income (261) 270
Accumulated deficit (683,427) (574,096)
Total stockholders' equity 798,067 535,306
Total liabilities and stockholders' equity $ 865,043 $ 580,271