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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 23,491 $ 22,397
Short-term investments 98,948 106,823
Prepaid expenses and other current assets 1,793 2,276
Total current assets 124,232 131,496
Property and equipment, net 288 242
Operating lease right-of-use assets 614 1,003
Other long-term assets 2,284 2,560
Total assets 127,418 135,301
Current liabilities:    
Accounts payable 2,396 2,575
Accrued and other current liabilities 14,821 4,822
Operating lease liabilities 420 385
Total current liabilities 17,637 7,782
Operating lease liabilities, net of current portion 255 705
Other liabilities 70 71
Total liabilities 17,962 8,558
Commitments and contingencies (Note 5)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2023 and December 31, 2022, respectively; no shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively
Common stock, $0.0001 par value; 150,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; 27,762,703 and 24,722,974 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 3 2
Additional paid-in capital 272,640 215,110
Accumulated other comprehensive income (loss) 237 (466)
Accumulated deficit (163,424) (87,903)
Total stockholders' equity 109,456 126,743
Total liabilities and stockholders' equity $ 127,418 $ 135,301