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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 90,121 $ 106,092
Short-term investments 93,822 127,703
Interest receivable 206 157
Prepaid expenses and other current assets 3,486 7,100
Prepaid expenses to related party   2,000
Total current assets 187,635 243,052
Restricted cash 852 852
Other assets 122 612
Property and equipment, net   930
Operating lease right-of-use assets 2,187 31,633
Total assets 190,796 277,079
Current liabilities:    
Accounts payable 6,761 3,004
Accrued expenses 10,086 13,985
Income tax payable   128
Operating lease liability, current 10,781 7,165
Total current liabilities 28,367 24,338
Operating lease liability, long term 16,648 28,222
Total liabilities 45,015 52,560
Stockholders' equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; 0 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively;
Common stock, $0.0001 par value: 300,000,000 and 150,000,000 shares authorized at December 31, 2023 and Decembe 31, 2022 respectively; 114,153,538 and 93,268,069 shares issued at December 31, 2023 and Decembe 31, 2022, respectively; and 114,148,991 and 93,093,243 shares outstanding at December 31, 2023 and December 31, 2022, respectively 11 9
Additional paid-in capital 802,025 690,753
Accumulated other comprehensive loss (62) (468)
Accumulated deficit (656,193) (465,775)
Total stockholders' equity 145,781 224,519
Total liabilities and stockholders' equity 190,796 277,079
Related Party    
Current liabilities:    
Amount due to related party $ 739 $ 56