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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 255,331 $ 269,070
Prepaid expenses and other current assets 5,898 3,376
Total current assets 261,229 272,446
Restricted cash 453 453
Property and equipment, net 145 169
Right of use asset 3,410 3,763
Other assets, noncurrent 620 880
Total assets 265,857 277,711
Current liabilities:    
Accounts payable 1,439 1,838
Accrued expenses and other current liabilities 4,112 2,835
Operating lease liability, current 801 745
Total current liabilities 6,352 5,418
Operating lease liability, noncurrent 2,791 3,208
Total liabilities 9,143 8,626
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock, $0.0001 par value, 500,000,000 shares authorized at December 31, 2023 and June 30, 2024; 40,104,937 and 40,703,449 shares issued and outstanding at December 31, 2023 and June 30, 2024, respectively 4 4
Additional paid-in capital 389,493 383,301
Accumulated deficit (132,783) (114,220)
Total stockholders' equity 256,714 269,085
Total liabilities and stockholders' equity $ 265,857 $ 277,711