XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 43,485 $ 86,097
Marketable securities, available for sale 468,266 232,296
Prepaid expenses and other assets 7,690 8,604
Total current assets 519,441 326,997
Property and equipment, net 9,897 10,443
Operating lease right-of-use asset 2,047 2,247
Other non-current assets 262 348
Total assets 531,647 340,035
Current liabilities    
Accounts payable 6,801 4,025
Accrued compensation 4,244 5,695
Accrued other expenses 5,143 6,071
Operating lease liability, current portion 988 980
Total current liabilities 17,176 16,771
Operating lease liability, net of current portion 3,997 4,434
Total liabilities 21,173 21,205
Commitments and contingencies (see note 5)
Stockholders' equity:    
Preferred stock, $.0001 par value per share; 200,000,000 shares authorized and no shares issued or outstanding as of June 30, 2024 and December 31, 2023
Common stock, $.0001 par value per share; 1,000,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 93,643,341 shares and 70,453,342 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 9 7
Additional paid-in capital 816,304 563,487
Accumulated other comprehensive income (loss) (1,054) 99
Accumulated deficit (304,785) (244,763)
Total stockholders' equity 510,474 318,830
Total liabilities and stockholders' equity $ 531,647 $ 340,035