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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 42,649 $ 101,099
Prepaid expenses and other current assets 1,519 3,819
Marketable securities 568,564 559,915
Interest receivable on marketable securities 3,702 2,485
Total Current Assets 616,434 667,318
Property and equipment, net 717 894
Lease security deposit 141 138
Operating lease right-of-use assets 3,605 3,791
Other non-current assets 587 0
Total Assets 621,484 672,141
Current liabilities    
Accounts payable 2,209 2,139
Current operating lease liabilities 1,972 1,206
Accrued expenses 9,793 9,816
Total Current Liabilities 13,974 13,161
Warrant Liability 353 850
Non-current operating lease liabilities 2,035 3,054
Total Liabilities 16,362 17,065
Commitments and contingencies
Stockholders' Equity    
Class A and Class B common stock and additional paid in capital, $0.0001 par value per share; 1,060,000,000 (Class A 1,000,000,000,Class B 60,000,000) shares authorized as of December 31, 2023 and December 31, 2022, respectively, 219,046,219 (Class A 218,046,219, Class B 1,000,000) and 218,632,699 (Class A 217,632,699, Class B 1,000,000) shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 947,745 927,604
Accumulated deficit (342,804) (267,002)
Accumulated other comprehensive (loss) income 181 (5,526)
Total Stockholders' Equity 605,122 655,076
Total Liabilities and Stockholders' Equity $ 621,484 $ 672,141