CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 106,916	$ 141,789
Marketable securities	406,413	378,864
Prepaid expenses and other current assets	8,202	9,060
Total current assets	521,531	529,713
Long-term marketable securities	168,106	210,416
Property and equipment, net	5,679	1,959
Right-of-use asset, net	11,507	11,365
Other non-current assets	7,339	498
Total assets	714,162	753,951
Current liabilities:
Accounts payable	2,445	1,071
Lease liability	3,976	3,234
Accrued expenses and other current liabilities	26,539	24,255
Total current liabilities	32,960	28,560
Long-term liabilities:
Lease liability, net of current	7,840	8,597
Total liabilities	40,800	37,157
Commitments and contingencies (Note 9)
Stockholders' equity:
Common Stock; $0.00001 par value, 400,000,000 authorized, 59,526,170 issued and 58,304,801 outstanding as of March 31, 2025; 400,000,000 authorized, 59,478,725 issued and 58,062,898 outstanding as of December 31, 2024	1	1
Additional paid-in capital	1,033,542	1,021,794
Accumulated other comprehensive income	1,074	915
Accumulated deficit	(361,255)	(305,916)
Total stockholders' equity	673,362	716,794
Total liabilities and stockholders' equity	$ 714,162	$ 753,951