Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 79,698	$ 46,674
Other current assets and prepaid expenses	5,280	5,860
Total current assets	84,978	52,534
Property and equipment, net	585	466
Right-of-use assets	928	1,299
Total assets	86,491	54,299
Current liabilities:
Accounts payable	7,894	5,099
Accrued expenses	13,775	18,664
Other current liabilities	1,008	966
Total current liabilities	22,677	24,729
Long term liabilities
Operating lease liabilities	241	639
Total long-term liabilities	241	639
Total liabilities	22,918	25,368
Commitments and contingencies (Note 4)
Stockholders’ equity:
Preferred stock, $0.0001 par value; 20,000,000 authorized and no shares issued or outstanding as of June 30, 2024 and December 31, 2023	0	0
Common stock, $0.0001 par value; 500,000,000 and 130,000,000 shares authorized as of June 30, 2024 and December 31, 2023, respectively, and 90,079,016 and 45,177,730 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively	8	4
Additional paid-in capital	521,639	436,060
Accumulated other comprehensive income	3,782	3,759
Accumulated deficit	(461,856)	(410,892)
Total stockholders’ equity	63,573	28,931
Total liabilities and stockholders’ equity	$ 86,491	$ 54,299

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).