CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 520,758	$ 230,440
Prepaid expenses and other assets	756	633
Total current assets	521,514	231,073
Property and equipment, net	130	202
Right of use asset – operating lease	414	613
Other assets	2,115	2,094
Total assets	524,173	233,982
Current liabilities:
Operating lease liability – current portion	308	285
Total current liabilities	14,481	15,085
Operating lease liability – net of current portion	137	372
Other liabilities	0	17
Total liabilities	14,618	15,474
Commitments and Contingencies
Total redeemable convertible preferred stock	0	367,277
Stockholders' equity (deficit):
Preferred stock $0.0001 par value, 10,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2024 and December 31, 2023	0	0
Common stock, $0.0001 par value, 500,000,000 and 365,000,000 shares authorized; 54,424,994 and 711,895 shares issued and 54,409,708 and 640,386 shares outstanding as of September 30, 2024 and December 31, 2023, respectively	7	2
Additional paid-in capital	709,607	4,250
Accumulated deficit	(200,059)	(153,021)
Total stockholders' equity (deficit)	509,555	(148,769)
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity (deficit)	524,173	233,982
Seed Series Redeemable Convertible Preferred Stock
Current liabilities:
Total redeemable convertible preferred stock	0	81,525
Series B Redeemable Convertible Preferred Stock
Current liabilities:
Total redeemable convertible preferred stock	0	121,148
Series C Redeemable Convertible Preferred Stock
Current liabilities:
Total redeemable convertible preferred stock	0	164,604
Nonrelated Party
Current liabilities:
Accounts payable	1,531	2,142
Accrued expenses and other current liabilities	10,410	8,053
Related Party
Current liabilities:
Accounts payable	431	1,044
Accrued expenses and other current liabilities	$ 1,801	$ 3,561