Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 92,646	$ 45,681
Marketable securities	548,206	115,035
Prepaid expenses and other assets, current	10,366	11,307
Total current assets	651,218	172,023
Property and equipment, net	960	92
Operating lease right-of-use assets	3,372	2,949
Prepaid expenses and other assets, noncurrent	131	482
Total assets	655,681	175,546
Current liabilities:
Accounts payable	7,665	11,118
Operating lease liabilities	1,483	2,436
Accrued expenses and other liabilities, current	16,223	8,749
Total current liabilities	25,371	22,303
Long-term debt	50,687	49,877
Operating lease liabilities, noncurrent	2,468	1,395
Accrued expenses and other liabilities, noncurrent	0	286
Total liabilities	78,526	73,861
Stockholders' equity
Preferred stock, $0.001 par value; 10,000,000 authorized as of December 31, 2024 and 2023; no shares issued and outstanding as of December 31, 2024 and 2023	0	0
Class A common stock, $0.001 par value; 500,000,000 shares authorized as of December 31, 2024 and 2023; 63,559,858 and 44,452,161 shares issued and outstanding as of December 31, 2024 and 2023, respectively	64	44
Additional paid-in capital	1,037,948	410,492
Accumulated other comprehensive income	393	251
Accumulated deficit	(461,250)	(309,102)
Total stockholders' equity	577,155	101,685
Total liabilities and stockholders' equity	$ 655,681	$ 175,546