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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 86,887 $ 38,250
Other receivables 663
Prepaid expenses and other current assets 2,051 2,818
Total current assets 88,938 41,731
Property and equipment, net 2,727 3,568
Operating lease right-of-use assets 1,467 1,886
Restricted cash 417 417
Other non-current assets 1,343 759
Total assets 94,892 48,361
Current liabilities:    
Accounts payable 4,149 1,768
Current portion of operating lease liabilities 972 865
Accrued expenses and other current liabilities 7,253 4,432
Total current liabilities 12,374 7,065
Non-current portion of operating lease liabilities 1,814 2,786
Common stock warrant liability 150
Earnout liability 18
Other non-current liabilities 2,264 2,353
Total liabilities 16,452 12,372
Commitments and contingencies (Note 8)
Stockholders’ equity    
Preferred stock: $0.0001 par value — 10,000,000 shares authorized at December 31, 2023 and 2022; none issued and outstanding at December 31, 2023 and 2022
Common stock: $0.0001 par value — 492,000,000 shares authorized at December 31, 2023 and 2022, respectively; 11,163,896 and 3,804,427 shares issued and outstanding at December 31, 2023 and 2022, respectively 1
Additional paid-in capital 248,039 141,124
Accumulated deficit (169,600) (105,135)
Total stockholders’ equity 78,440 35,989
Total liabilities and stockholders’ equity $ 94,892 $ 48,361