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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 34,510 $ 42,649
Prepaid expenses and other current assets 6,796 1,519
Marketable securities 562,466 568,564
Interest receivable on marketable securities 4,283 3,702
Total current assets 608,055 616,434
Property and equipment, net 686 717
Lease security deposit 141 141
Operating lease right-of-use assets 3,168 3,605
Other non-current assets 1,075 587
Total assets 613,125 621,484
Current liabilities:    
Accounts payable 2,436 2,209
Current operating lease liabilities 2,023 1,972
Accrued expenses 11,303 9,793
Total current liabilities 15,762 13,974
Warrant liability 1,812 353
Non-current operating lease liabilities 1,509 2,035
Total liabilities 19,083 16,362
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 March 31, 2024 and December 31, 2023, 219,083,219 (Class A 218,083,219, Class B 1,000,000) and 219,046,219 (Class A 218,046,219, Class B 1,000,000) shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 952,807 947,745
Accumulated deficit (357,596) (342,804)
Accumulated other comprehensive income (1,169) 181
Total stockholders' equity 594,042 605,122
Total liabilities and stockholders' equity $ 613,125 $ 621,484