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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (29,876) $ (31,334)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 311 473
Net accretion of discounts on marketable securities (817) (1,132)
Stock-based compensation 3,280 3,879
Non-cash operating lease expense 907 681
Loss on disposal of property and equipment 99 5
Impairment of assets held for sale 742  
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (539) 339
Deposits and other assets 2,796 (489)
Accounts payable (658) (321)
Accrued expenses and other current liabilities (5,488) (2,011)
Operating lease liabilities (1,646) (701)
Deferred revenue   (7,316)
Other long-term liabilities 83  
Net cash used in operating activities (30,806) (37,927)
Cash flows from investing activities:    
Purchases of property and equipment   (152)
Proceeds from sale of property and equipment 245 4
Purchases of marketable securities (72,265) (47,050)
Proceeds from maturities of marketable securities 27,200 59,072
Net cash provided by (used in) investing activities (44,820) 11,874
Cash flows from financing activities:    
Proceeds from issuance of common stock for underwritten registered offering, net of offering costs   37,544
Repurchase of common stock   (663)
Proceeds from exercise of stock options   121
Net cash provided by financing activities   37,002
Net increase (decrease) in cash, cash equivalents and restricted cash (75,626) 10,949
Cash, cash equivalents and restricted cash, beginning of period 121,172 60,791
Cash, cash equivalents and restricted cash, end of period 45,546 71,740
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets:    
Cash and cash equivalents 44,268 70,868
Restricted cash included in other assets 1,278 872
Cash, cash equivalents and restricted cash, end of period $ 45,546 $ 71,740