XML 24 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 17,567 $ 22,406
Short-term investments 110,190 160,330
Prepaid expenses and other current assets 6,595 5,923
Total current assets 134,352 188,659
Property and equipment, net 2,905 3,589
Long-term investments 3,524 35,411
Other assets 6,994 14,894
Total assets 147,775 242,553
Current liabilities:    
Accounts payable 4,497 8,591
Payable and accrued liabilities due to related party $ 149 $ 543
Other Liability, Current, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Term loan, current $ 435  
Accrued expenses and other current liabilities 13,419 $ 26,867
Total current liabilities 18,500 36,001
Term loan, non-current, net 9,469 9,639
Other non-current liabilities 6,188 7,201
Total liabilities 34,157 52,841
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.001 par value; 1,000,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 53,052,912 and 49,951,989 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 53 50
Additional paid-in capital 734,412 675,678
Accumulated other comprehensive income 275 256
Accumulated deficit (621,122) (486,272)
Total stockholders’ equity 113,618 189,712
Total liabilities and stockholders’ equity $ 147,775 $ 242,553