Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 80,630	$ 111,471
Prepaid expenses and other current assets	5,795	4,935
Total current assets	86,425	116,406
Property and equipment, net	1,363	1,603
Operating lease right-of-use asset, net	1,255	1,495
Other assets	154	154
Total assets	89,197	119,658
Current liabilities:
Accounts payable and accrued expenses	17,751	26,720
Operating lease liabilities	1,509	1,624
Total current liabilities	19,260	28,344
Operating lease liabilities, less current portion	415	836
Liability to licensor	19,806	19,806
Total liabilities	39,481	48,986
Commitments and contingencies (Note 5)
Stockholders’ equity:
Preferred stock, $0.0001 par value; 200,000,000 shares authorized at March 31, 2024 and December 31, 2023; 0 shares issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock value	5	5
Additional paid-in capital	489,208	486,930
Accumulated deficit	(439,497)	(416,263)
Total stockholders’ equity	49,716	70,672
Total liabilities and stockholders’ equity	$ 89,197	$ 119,658