Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 90,078	$ 97,132
Marketable debt securities	110,940	130,682
Prepaid and other current assets	3,888	4,125
Total current assets	204,906	231,939
Marketable debt securities	59,670	47,473
Property and equipment, net	1,450	1,202
Operating lease right-of-use assets	1,743	982
Indefinite-lived intangible assets	27,500	0
Goodwill	6,720	0
Other assets	157	140
Total assets	302,146	281,736
Current liabilities:
Accounts payable	1,430	2,970
Accrued expenses and other	3,544	1,885
Operating lease liabilities	681	481
Total current liabilities	5,655	5,336
Operating lease liabilities, net of current portion	1,112	543
Right of first refusal liability	25,000	25,000
Deferred tax liabilities	1,049	0
Total liabilities	32,816	30,879
Commitments and contingencies (Note 15)
Stockholders' equity:
Class A common stock, $0.0001 par value – 500,000,000 shares authorized; 139,188,804 and 137,706,596 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	14	14
Additional paid-in capital	412,583	383,739
Accumulated deficit	(144,919)	(135,109)
Accumulated other comprehensive income	1,652	2,213
Total stockholders’ equity	269,330	250,857
Total liabilities and stockholders’ equity	$ 302,146	$ 281,736