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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 29,519 $ 99,603
Short-term investments 98,232  
Prepaid expenses and other current assets 4,344 805
Total current assets 132,095 100,408
Property and equipment, net 2,092 290
Operating lease right-of-use assets 4,770 5,501
Long-term investments 41,881  
Restricted cash 388 388
Total assets 181,226 106,587
Current liabilities:    
Accounts payable 904 964
Accrued expenses and other current liabilities 4,886 1,286
Operating lease liabilities, current 726 664
Total current liabilities 6,516 2,914
Operating lease liabilities, long-term 4,235 4,964
Total liabilities 10,751 7,878
Commitments and contingencies (Note 14)
Series convertible preferred stock   122,518
Stockholders' equity (deficit):    
Common stock, par value $0.001; 500,000,000 and 40,013,683 shares authorized as of December 31, 2022 and 2021, respectively; 21,920,402 and 1,769,561 shares issued and outstanding as of December 31, 2022 and 2021, respectively. 22 2
Additional paid-in capital 226,580 1,054
Accumulated other comprehensive loss (95)  
Accumulated deficit (56,032) (24,865)
Total stockholders' equity (deficit) 170,475 (23,809)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 181,226 106,587
Series A-1 Convertible Preferred Stock    
Current liabilities:    
Series convertible preferred stock   22,502
Series B Convertible Preferred Stock    
Current liabilities:    
Series convertible preferred stock   $ 100,016