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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 172,802,000 $ 93,075,000
Short-term marketable securities 235,610,000 219,275,000
Prepaid expenses and other current assets 9,593,000 8,326,000
Total current assets 418,005,000 320,676,000
Long-term marketable securities 51,836,000 9,642,000
Property and equipment, net 17,990,000 22,327,000
Operating lease assets 33,546,000 37,861,000
Restricted cash 408,000 408,000
Other assets 3,959,000 4,383,000
Total assets 525,744,000 395,297,000
Current liabilities:    
Accounts payable 2,142,000 2,000,000
Accrued expenses and other current liabilities 18,465,000 20,186,000
Operating lease liabilities 4,286,000 3,970,000
Total current liabilities 24,893,000 26,156,000
Operating lease liabilities, net of current portion 49,682,000 51,889,000
Other liabilities 82,000 566,000
Total liabilities 74,657,000 78,611,000
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 80,000,000 shares authorized at June 30, 2024 and December 31, 2023; no shares issued and outstanding at June 30, 2024 and December 31, 2023
Common stock, $0.0001 par value; 800,000,000 shares authorized at June 30, 2024 and December 31, 2023; 273,163,958 and 151,462,103 shares issued at June 30, 2024 and December 31, 2023, respectively; 273,039,997 and 151,090,227 shares outstanding at June 30, 2024 and December 31, 2023, respectively 27,000 15,000
Additional paid-in capital 1,155,487,000 922,607,000
Accumulated other comprehensive (loss) income (196,000) 77,000
Accumulated deficit (704,231,000) (606,013,000)
Total stockholders' equity 451,087,000 316,686,000
Total liabilities and stockholders' equity $ 525,744,000 $ 395,297,000