Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 67,856	$ 49,304
Investments	243,259	187,263
Prepaid and other current assets	6,886	12,536
Total current assets	318,001	249,103
Investments, noncurrent	0	2,482
Property and equipment, net	42	0
Other assets	449	51
Total assets	318,492	251,636
Current liabilities:
Accounts payable	1,707	601
Accrued liabilities	26,690	9,881
Total current liabilities	28,397	10,482
Commitments and contingencies (Note 4)
Stockholders’ equity:
Common stock, $0.0001 par value; 500,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 49,710,598 and 41,133,916 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively	5	4
Additional paid-in capital	487,320	365,858
Accumulated deficit	(197,230)	(124,708)
Total stockholders’ equity	290,095	241,154
Total liabilities and stockholders’ equity	$ 318,492	$ 251,636

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).