Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 71,637	$ 86,887
Prepaid expenses and other current assets	4,174	2,051
Total current assets	75,811	88,938
Property and equipment, net	1,875	2,727
Operating lease right-of-use assets	976	1,467
Restricted cash	417	417
Other non-current assets	820	1,343
Total assets	79,899	94,892
Current liabilities:
Accounts payable	4,027	4,149
Current portion of operating lease liabilities	1,089	972
Accrued expenses and other current liabilities	10,121	7,253
Total current liabilities	15,237	12,374
Non-current portion of operating lease liabilities	724	1,814
Other non-current liabilities	2,264	2,264
Total liabilities	18,225	16,452
Commitments and contingencies (Note 8)
Stockholders’ equity
Preferred stock: $0.0001 par value — 10,000,000 shares authorized at December 31, 2024 and 2023; none issued and outstanding at December 31, 2024 and 2023
Common stock: $0.0001 par value — 492,000,000 shares authorized at December 31, 2024 and 2023; 15,022,122 and 11,163,896 shares issued and outstanding at December 31, 2024 and 2023, respectively	2	1
Additional paid-in capital	302,541	248,039
Accumulated deficit	(240,869)	(169,600)
Total stockholders’ equity	61,674	78,440
Total liabilities and stockholders’ equity	$ 79,899	$ 94,892