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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 60,031 $ 143,193
Prepaid expenses and other current assets 4,920 4,062
Total current assets 64,951 147,255
Restricted cash 268 268
Property and equipment, net 638 847
Right of use lease asset 1,725 2,259
Other non-current assets 117 89
Total non-current assets 2,748 3,463
Total assets 67,699 150,718
Current liabilities    
Accounts payable 4,661 3,878
Lease liability - current 717 655
Accrued expenses and other current liabilities 14,108 11,184
Total current liabilities 19,486 15,717
Lease liability - noncurrent 1,198 1,839
Total non-current liabilities 1,198 1,839
Total liabilities 20,684 17,556
Commitments and contingencies (Note 9)
Stockholders' equity    
Preferred stock, par value of $0.001 per share; 5,000,000 shares authorized, no shares issued and outstanding as of December 31, 2024 and 2023
Common stock, par value of $0.001 per share; 300,000,000 shares authorized at December 31, 2024 and December 31, 2023; 65,880,914 shares issued and outstanding as of December 31, 2024 and December 31, 2023 66 66
Additional paid-in capital 413,113 406,587
Accumulated deficit (359,313) (263,822)
Accumulated other comprehensive loss (6,851) (9,669)
Total stockholders' equity 47,015 133,162
Total liabilities and stockholders' equity $ 67,699 $ 150,718