Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Cash and Cash Equivalents and Restricted Cash

The following table reconciles cash and cash equivalents and restricted cash per the balance sheets to the statements of cash flows (in thousands):

	December 31,
	2023		2022
Cash and cash equivalents	$	394,583	$	64,179
Restricted cash, current		1,903		—
Restricted cash, non-current		2,418		2,501
Total	$	398,904	$	66,680

Property and Equipment, Net

Estimated useful lives for property and equipment are as follows:

	Estimated Useful Life
Computer equipment	3 years
Furniture and fixtures	7 years
Lab equipment	7 years
Leasehold improvements	Lesser of estimated useful life or remaining lease term
Equipment under finance lease	Lesser of estimated useful life or remaining lease term

Schedule of Assumptions used in Black-Scholes Option Pricing Model for Stock Options Granted

The assumptions used in the Black-Scholes option pricing model for stock options granted for the years ending December 31, 2023 and 2022 were as follows:

	2023	2022
Expected term	5.5 - 6.25 years	6.0 - 6.3 years
Expected volatility	75% - 80%	68% - 75%
Risk free interest rate	3.92% - 4.06%	1.56% - 3.88%
Expected dividend yield	—  %	—  %