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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 239,616 $ 230,784
Short-term investments 122,250 135,563
Accounts receivable, net 9,136 0
Inventory 151 0
Prepaid expenses and other current assets 12,005 8,927
Total current assets 383,158 375,274
Property and equipment, net 196 208
Operating lease right-of-use asset 164 352
Intangible assets, net 16,802 0
Deposits and other long-term assets 117 214
Total assets 400,437 376,048
Current Liabilities:    
Accounts payable 6,444 2,576
Accrued expenses and other current liabilities 87,072 26,524
Current portion of operating lease liability 190 408
Total current liabilities 93,706 29,508
Total liabilities 93,706 29,508
Commitments and contingencies (Note 6)
Stockholders' equity    
Common stock, $0.0001 par value; 500,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 87,692,916 and 87,227,132 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 9 9
Additional paid-in-capital 832,148 805,107
Accumulated other comprehensive (loss) income (22) 9
Accumulated deficit (525,404) (458,585)
Total stockholders' equity 306,731 346,540
Total liabilities and stockholders' equity $ 400,437 $ 376,048