CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets, Current [Abstract]
Cash and cash equivalents	$ 105,679	$ 394,583
Marketable securities	481,696	307,434
Restricted cash, current	208	1,903
Prepaid expenses and other current assets	11,727	12,443
Total current assets	599,310	716,363
Restricted cash, non-current	2,418	2,418
Marketable securities, non-current	38,277	27,168
Property and equipment, net	46,456	42,728
Operating lease right-of-use assets	23,789	27,099
Prepaid research and development expenses and other long-term assets	1,077	9,356
Total assets	711,327	825,132
Current liabilities:
Accounts payable	2,095	2,619
Accrued liabilities	56,716	18,302
Operating lease liabilities, current portion	7,308	7,501
Finance lease liabilities, current portion	230	39,283
Less: current portion	59,056	50,533
Total current liabilities	125,405	118,238
Operating lease liabilities, net of current portion	46,542	50,841
Noncurrent portion	75,995	170,673
Other non-current liabilities	8,593
Total liabilities	256,535	339,752
Commitments and Contingencies (Note 11)
Stockholders' equity
Common stock, par value of $0.001 per share; 1,000,000,000 shares authorized and 54,293,597 shares issued and outstanding as of December 31, 2024; 1,000,000,000 shares authorized and 52,280,077 shares issued and outstanding as of December 31, 2023	53	52
Additional paid-in capital	950,719	874,261
Accumulated other comprehensive income	848	547
Accumulated Deficit	(496,828)	(389,480)
Total stockholders' equity	454,792	485,380
Total liabilities and stockholders' equity	$ 711,327	$ 825,132

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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- 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).