Condensed Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 26,754	$ 19,205
Short-term investments	631,277	324,823
Prepaid expenses and other current assets	8,290	5,213
Total current assets	666,321	349,241
Restricted cash	816	816
Property and equipment, net	5,373	7,003
Operating lease right-of-use assets	19,686	20,838
Other long-term assets	2,823	2,509
Total assets	695,019	380,407
Current liabilities:
Accounts payable	2,462	2,424
Accrued expenses	13,022	7,387
Current portion of deferred revenue	0	1,705
Current portion of operating lease liabilities	1,689	1,517
Total current liabilities	17,173	13,033
Operating lease liabilities, net of current portion	21,742	23,025
Total liabilities	38,915	36,058
Commitments and contingencies (Note 3)
Stockholders’ equity (deficit):
Preferred stock, $0.001 par value; authorized shares - 10,000,000 at September 30, 2024 and December 31, 2023, respectively; no shares issued and outstanding at September 30, 2024 and December 31, 2023
Common stock, $0.001 par value; authorized shares - 200,000,000 at September 30, 2024 and December 31, 2023, respectively; issued shares - 52,338,762 and 46,262,759 at September 30, 2024 and December 31, 2023, respectively; outstanding shares - 52,337,239 and 46,252,440 at September 30, 2024 and December 31, 2023, respectively	52	46
Additional paid-in capital	865,762	512,401
Accumulated other comprehensive income	7,831	665
Accumulated deficit	(217,541)	(168,763)
Total stockholders' equity	656,104	344,349
Total liabilities and stockholders' equity	$ 695,019	$ 380,407

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).