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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 147,881 $ 200,641
Accounts receivable, net 2,888 0
Inventory, net 5,333 0
Prepaid expenses and other current assets 16,909 24,240
Total current assets 173,011 224,881
Property and equipment, net 1,772 1,896
Operating lease right-of-use asset 782 2,229
Other non-current assets 1,781 175
Total assets 177,346 229,181
Current liabilities:    
Accounts payable 7,499 7,953
Accrued expenses 26,822 40,860
Deferred revenue 1,681 0
Operating lease liability, current 681 1,443
Other current liability 21 35
Total current liabilities 36,704 50,291
Operating lease liability, non-current 0 722
Other non-current liability 0 700
Total liabilities 36,704 51,713
Commitments and contingencies (Note 9)
Stockholders' equity (deficit):    
Preferred stock (undesignated), $0.0001 par value; 10,000,000 shares authorized and no shares issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; 1,000,000,000 shares authorized, 119,442,635 shares issued and outstanding at June 30, 2024; 110,160,684 shares issued and outstanding at December 31, 2023 12 11
Additional paid-in capital 963,454 909,539
Accumulated other comprehensive loss (12) (13)
Accumulated deficit (822,812) (732,069)
Total stockholders' equity 140,642 177,468
Total liabilities, preferred stock and stockholders' equity $ 177,346 $ 229,181