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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Collaboration revenue $ 6,692 $ 2,093 $ 12,387 $ 3,497
Operating expenses:        
Research and development 50,984 47,260 99,361 94,370
General and administrative 14,547 13,416 28,709 25,969
Total operating expenses 65,531 60,676 128,070 120,339
Loss from operations (58,839) (58,583) (115,683) (116,842)
Other income (expense):        
Change in fair value of success payment liability 1,671 (662) 1,749 76
Interest and other income, net 7,429 5,438 15,565 10,984
Total other income, net 9,100 4,776 17,314 11,060
Loss before provision for income taxes (49,739) (53,807) (98,369) (105,782)
Provision for income taxes (66) (176) (172) (176)
Net loss $ (49,805) $ (53,983) $ (98,541) $ (105,958)
Net loss per common share, basic $ (0.59) $ (0.87) $ (1.18) $ (1.71)
Net loss per common share, diluted $ (0.59) $ (0.87) $ (1.18) $ (1.71)
Weighted-average common shares used in net loss per share, basic 84,226,523 61,953,992 83,679,742 61,871,158
Weighted-average common shares used in net loss per share, diluted 84,226,523 61,953,992 83,679,742 61,871,158
Comprehensive Loss:        
Net Income (Loss) $ (49,805) $ (53,983) $ (98,541) $ (105,958)
Other comprehensive loss:        
Unrealized loss on marketable securities (115) (517) (887) (60)
Comprehensive loss $ (49,920) $ (54,500) $ (99,428) $ (106,018)