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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 370,541 $ 194,611
Prepaid expenses and other current assets 3,722 3,880
Total current assets 374,263 198,491
Property and equipment, net 183 168
Right-of-use assets, operating leases 1,935 1,430
Other assets 116 116
Total assets 376,497 200,205
Current liabilities:    
Accounts payable 8,496 16,162
Accrued expenses 5,567 6,109
Operating lease liabilities, current 353 307
Total current liabilities 14,416 22,578
Operating lease liabilities, non-current 1,607 1,027
Contingent value right liability 1,500 0
Total liabilities 17,523 23,605
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock, $0.0001 par value; 100,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 24,139,078 and 17,405,231 shares issued September 30, 2023 and December 31, 2022, respectively; and 24,139,078 and 17,403,315 shares outstanding as of September 30, 2023 and December 31, 2022, respectively 2 2
Additional paid-in capital 524,038 288,814
Accumulated deficit (165,066) (112,216)
Total stockholders' equity 358,974 176,600
Total liabilities and stockholders equity $ 376,497 $ 200,205