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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 36,015 $ 29,519
Short-term investments 91,443 98,232
Prepaid expenses and other current assets 2,234 4,344
Total current assets 129,692 132,095
Property and equipment, net 3,479 2,092
Operating lease right-of-use assets 4,429 4,770
Long-term investments   41,881
Restricted cash 414 388
Deferred offering costs 251  
Total assets 138,265 181,226
Current liabilities:    
Accounts payable 5,048 904
Accrued expenses and other current liabilities 7,378 4,886
Operating lease liabilities, current 877 726
Total current liabilities 13,303 6,516
Operating lease liabilities, long-term 3,767 4,235
Total liabilities 17,070 10,751
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, par value $0.001; 500,000,000 shares authorized as of December 31, 2023 and 2022, respectively; 22,522,644 and 21,920,402 shares issued and outstanding as of December 31, 2023 and 2022, respectively. 23 22
Additional paid-in capital 237,675 226,580
Accumulated other comprehensive loss (83) (95)
Accumulated deficit (116,420) (56,032)
Total stockholders' equity 121,195 170,475
Total liabilities and stockholders' equity $ 138,265 $ 181,226