Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 168,645	$ 81,300
Marketable securities	188,387	0
Prepaid expenses and other current assets	3,016	3,580
Total current assets	360,048	84,880
Long-term marketable securities	54,141	0
Property and equipment, net	277	588
Operating lease right-of-use assets	1,374	2,064
Other non-current assets	416	416
Total assets	416,256	87,948
Current liabilities:
Accounts payable	15,010	5,815
Accrued expenses	15,457	7,416
Operating lease liabilities	1,224	1,126
Current portion of deferred revenue	1,170	1,392
Total current liabilities	32,861	15,749
Long-term liabilities:
Non-current portion of operating lease liabilities	436	1,369
Non-current portion of deferred revenue	293	1,161
Total liabilities	33,590	18,279
Commitments and contingencies (Note 6)
Stockholders’ equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares issued or outstanding as of September 30, 2024 and December 31, 2023	0	0
Common stock, $0.0001 par value; 150,000,000 shares authorized; 17,785,697 shares issued and outstanding as of September 30, 2024, and 8,791,877 shares issued and outstanding as of December 31, 2023	14	13
Additional paid-in capital	1,159,382	723,577
Accumulated other comprehensive gain	1,331	0
Accumulated deficit	(778,061)	(653,921)
Total stockholders’ equity	382,666	69,669
Total liabilities and stockholders’ equity	$ 416,256	$ 87,948

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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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).