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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (76,838) $ (48,063)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 256 216
Stock-based compensation 7,230 5,604
Amortization of debt issuance costs 538 179
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (657) (20)
(Increase) decrease in inventory (172) 0
(Increase) decrease in prepaid expenses and other current assets (3,643) (732)
Decrease in other assets 561 420
Decrease in accounts payable and other liabilities 2,995 (5,447)
Net cash provided by (used in) operating activities (69,730) (47,843)
Cash flows from investing activities:    
Purchases of property and equipment (387) (76)
Purchases of investments (150,998) (40,171)
Maturities of investments 88,870 22,191
Net cash (used in) provided by investing activities (62,515) (18,056)
Cash flows from financing activities:    
Proceeds from issuance of common stock 139,034 0
Repurchase of common stock (824) (864)
Proceeds from debt borrowings, net of fees 49,961 24,148
Net cash used in financing activities 188,171 23,284
Net increase (decrease) in cash and cash equivalents 55,926 (42,615)
Cash and cash equivalents at beginning of period 46,345 64,065
Cash and cash equivalents at end of period 102,271 21,450
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,314 634
Adjustments to Additional Paid in Capital, Warrant Issued 307 698
Stock Issued During Period, Value, Treasury Stock Reissued $ 0 $ (6,321)