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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 169,394 $ 178,689
Marketable securities 48,651 111,421
Prepaid expenses and other current assets 3,085 2,612
Total current assets 221,130 292,722
Property and equipment, net 9,521 7,242
Right-of-use assets 61,097 64,357
Restricted cash 5,031 5,031
Long-term deposit and other assets 1,782 1,766
Total assets 298,561 371,118
Current liabilities:    
Accounts payable 4,539 4,278
Accrued expenses and other current liabilities 12,797 15,410
Operating lease liability, current portion 6,288 4,570
Deferred revenue, current portion 7,698 11,698
Total current liabilities 31,322 35,956
Deferred revenue, net of current portion   1,246
Operating lease liability, net of current portion 58,116 60,739
Long-term debt and accrued interest 32,296 32,072
Other long term liabilities 113 135
Total liabilities 121,847 130,148
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Additional paid-in capital 622,887 616,009
Accumulated other comprehensive loss (4) 51
Accumulated deficit (446,175) (375,096)
Total stockholders' equity 176,714 240,970
Total liabilities and stockholders' equity 298,561 371,118
Voting Common Stock    
Stockholders' equity:    
Common stock 5 5
Non-voting Common Stock    
Stockholders' equity:    
Common stock $ 1 $ 1