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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 50,065 $ 101,099
Prepaid expenses and other current assets 3,531 3,819
Marketable securities 580,835 559,915
Interest receivable on marketable securities 2,795 2,485
Total current assets 637,226 667,318
Property and equipment, net 804 894
Lease security deposit 138 138
Operating lease right-of-use assets 3,242 3,791
Total assets 641,410 672,141
Current liabilities:    
Accounts payable 2,577 2,139
Current operating lease liabilities 1,283 1,206
Accrued expenses 9,553 9,816
Total current liabilities 13,413 13,161
Warrant liability 972 850
Non-current operating lease liabilities 2,393 3,054
Total liabilities 16,778 17,065
Commitments and contingencies (Note 9)
Stockholders' equity    
Class A and Class B common stock and additional paid in capital, $0.0001 par value per share; 1,060,000,000 (Class A 1,000,000,000, Class B 60,000,000) shares authorized as of June 30, 2023 and December 31, 2022, 218,899,462 (Class A 217,899,462, Class B 1,000,000) and 218,632,699 (Class A 217,632,699, Class B 1,000,000) shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 938,395 927,604
Accumulated deficit (309,368) (267,002)
Accumulated other comprehensive income (4,395) (5,526)
Total stockholders' equity 624,632 655,076
Total liabilities and stockholders' equity $ 641,410 $ 672,141