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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets:      
Cash and cash equivalents $ 178,689 $ 133,359  
Marketable securities 111,421 58,685  
Prepaid expenses and other current assets 2,612 2,193  
Total current assets 292,722 194,237  
Property and equipment, net 7,242 7,742  
Right-of-use assets 64,357 63,492  
Restricted cash 5,031 5,031  
Long-term deposit and other assets 1,766 1,647  
Total assets 371,118 272,149  
Current liabilities:      
Accounts payable 4,278 2,374  
Accrued expenses and other current liabilities 15,410 10,716  
Operating lease liability, current portion 4,570 3,246  
Deferred revenue, current portion 11,698 10,137  
Current portion of long-term debt   3,347  
Total current liabilities 35,956 29,820  
Deferred revenue, net of current portion 1,246 5,622  
Operating lease liability, net of current portion 60,739 59,140  
Long-term debt and accrued interest 32,072 26,700  
Other long term liabilities 135    
Total liabilities 130,148 121,282  
Commitments and contingencies (Note 10)  
Stockholders' equity (deficit):      
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at December 31, 2024 and 2023 0 0  
Additional paid-in capital 616,009 398,459  
Accumulated other comprehensive income 51    
Accumulated deficit (375,096) (247,597)  
Total stockholders' equity 240,970 150,867 $ 99,434
Total liabilities and stockholders' equity 371,118 272,149  
Voting Common Stock      
Stockholders' equity (deficit):      
Common stock 5 4  
Non-voting Common Stock      
Stockholders' equity (deficit):      
Common stock $ 1 $ 1