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Condensed Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 25,085 $ 45,681
Marketable securities 359,302 115,035
Prepaid expenses and other assets, current 10,360 11,307
Total current assets 394,747 172,023
Property and equipment, net 155 92
Operating lease right-of-use assets 1,929 2,949
Prepaid expenses and other assets, noncurrent 460 482
Total assets 397,291 175,546
Current liabilities:    
Accounts payable 4,664 11,118
Operating lease liabilities 2,116 2,436
Accrued expenses and other liabilities, current 11,638 8,749
Total current liabilities 18,418 22,303
Long-term debt 50,263 49,877
Operating lease liabilities, noncurrent 455 1,395
Accrued expenses and other liabilities, noncurrent 286 286
Total liabilities 69,422 73,861
Stockholders' equity    
Preferred stock, $0.001 par value; 10,000,000 authorized as of June 30, 2024 and December 31, 2023; no shares issued and outstanding as of June 30, 2024 and December 31, 2023 0 0
Class A common stock, $0.001 par value; 500,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 54,816,573 and 44,452,161 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 55 44
Additional paid-in capital 699,457 410,492
Accumulated other comprehensive income (loss) (450) 251
Accumulated deficit (371,193) (309,102)
Total stockholders' equity 327,869 101,685
Total liabilities and stockholders' equity $ 397,291 $ 175,546