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Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets:      
Cash and cash equivalents $ 182,988 $ 47,730 $ 376,976
Investments in marketable securities, current 50,998 220,499 0
Assets held for sale 20 0  
Prepaid expenses and other current assets 4,777 7,136 4,760
Total current assets 238,783 275,365 381,736
Restricted cash 1,716 1,716 1,716
Investments in marketable securities, non-current 0 15,322 0
Property and equipment, net 12,534 22,630 6,507
Operating lease right-of-use assets 13,195 5,580 11,574
Other assets 0 1,289 454
Total assets 266,228 321,902 401,987
Current liabilities:      
Accounts payable 3,753 2,608 2,453
Accrued compensation 1,899 3,799 2,689
Accrued research costs 30 720 633
Accrued expenses and other current liabilities 3,416 1,871 886
Operating lease liabilities, current 3,439 4,045 5,482
Total current liabilities 12,537 13,043 12,143
Operating lease liabilities, non-current 49,672 1,749 5,794
Other long- term liabilities 0 10,819 0
Total liabilities 62,209 25,611 17,937
Commitments and contingencies (Note 7)
Stockholders' equity:      
Preferred stock, $0.00001 par value, 10,000,000 shares authorized as of September 30, 2023 and December 31, 2022; and no shares issued and outstanding as of September 30, 2023 and December 31, 2022 0 0 0
Common stock, $0.00001 par value, 300,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 57,971,910 and 58,221,760 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 1 1 1
Additional paid-in-capital 548,249 539,741 525,400
Accumulated other comprehensive loss (95) (1,048) 0
Accumulated deficit (344,136) (242,403) (141,351)
Total stockholders' equity 204,019 296,291 384,050
Total liabilities and stockholders' equity $ 266,228 $ 321,902 $ 401,987