Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 183,049	$ 157,018
Short-term marketable securities	518,609	368,096
Accounts receivable	1	18
Prepaid expenses and other current assets	11,520	7,500
Total current assets	713,179	532,632
Restricted cash	911	757
Long-term marketable securities	251,071	107,492
Property and equipment, net	7,122	6,164
Right-of-use assets	1,305	2,246
Other non-current assets	75	25
Total assets	973,663	649,316
Current liabilities
Accounts payable	15,886	6,598
Accrued liabilities	24,250	18,756
Operating lease liabilities - current	606	1,747
Total current liabilities	40,742	27,101
Long-term operating lease liabilities	1,263	1,125
Total liabilities	42,005	28,226
Commitments and contingencies (Note 6)
Stockholders’ equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized as of June 30, 2024 and December 31, 2023; no shares issued and outstanding as of June 30, 2024 and December 31, 2023
Common stock, $0.0001 par value, 300,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 76,090,834 and 65,039,369 shares issued and outstanding as of June 30, 2024 and December 31, 2023	8	7
Additional paid-in capital	1,373,774	968,885
Accumulated other comprehensive (loss) income	(1,416)	562
Accumulated deficit	(440,708)	(348,364)
Total stockholders’ equity	931,658	621,090
Total liabilities and stockholders’ equity	$ 973,663	$ 649,316

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).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
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).