XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 135,303 $ 134,343
Prepaid expenses and other current assets 2,940 2,677
Other receivables 545 1,350
Total current assets 138,788 138,370
Property and equipment, net 7,092 7,958
Restricted cash and cash equivalents, net of current portion 1,211 21,023
Operating lease right of use asset 6,347 6,888
Other assets 265 594
Total assets 153,703 174,833
Current liabilities:    
Accounts payable 1,467 1,336
Accrued expenses and other current liabilities 8,701 8,860
Operating lease liability, current 1,274 1,608
Deferred revenue, current 0 907
Note payable, current 0 6,667
Total current liabilities 11,442 19,378
Operating lease liability, net of current portion 10,239 10,992
Deferred revenue, net of current portion 0 433
Note payable, net of discount, issuance costs, and current portion 25,163 32,656
Derivative liability 2,841 0
Total liabilities 49,685 63,459
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized as of June 30, 2024 and December 31, 2023; no shares issued or outstanding as of June 30, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value, 200,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 43,702,147 and 39,107,048 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 4 4
Additional paid-in capital 481,529 455,443
Accumulated deficit (377,515) (344,073)
Total stockholders’ equity 104,018 111,374
Total liabilities and stockholders’ equity $ 153,703 $ 174,833