CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 118,289	$ 90,121
Short-term investments	0	93,822
Interest receivable	0	206
Prepaid expenses and other current assets	257	3,486
Total current assets	118,546	187,635
Restricted cash		852
Other assets		122
Operating lease right-of-use assets		2,187
Total assets	118,546	190,796
Current liabilities:
Accounts payable	247	6,761
Accrued expenses	4,992	10,086
Operating lease liability, current		$ 10,781
Other Liability, Current, Related Party [Extensible Enumeration]		Related Party
Amount due to related party		$ 739
Total current liabilities	5,239	28,367
Operating lease liability, long term		16,648
Total liabilities	5,239	45,015
Stockholders' equity:
Preferred stock, $0.0001 par value: 10,000,000 shares authorized at December 31, 2024 and December 31, 2023, respectively; 0 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively
Common stock, $0.0001 par value: 300,000,000 and 150,000,000 shares authorized at December 31, 2024 and December 31, 2023, respectively; 5,040,640 and 4,963,197 shares issued at December 31, 2024 and December 31, 2023, respectively; and 5,040,640 and 4,962,997 shares outstanding at December 31, 2024 and December 31, 2023, respectively	0	0
Additional paid-in capital	828,404	802,036
Accumulated other comprehensive loss	(135)	(62)
Accumulated deficit	(714,962)	(656,193)
Total stockholders' equity	113,307	145,781
Total liabilities and stockholders' equity	$ 118,546	$ 190,796

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).