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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 80,774,000 $ 181,752,000
Marketable Securities 29,633,000 0
Prepaid expenses and other current assets 2,271,000 4,331,000
Total current assets 112,678,000 186,083,000
Property and equipment, net 4,764,000 3,335,000
Operating lease right-of-use asset 23,620,000 26,549,000
Other assets 1,990,000 1,473,000
Total assets 143,052,000 217,440,000
Current liabilities:    
Accounts payable 1,005,000 1,362,000
Accrued expenses 13,522,000 11,913,000
Operating lease liability 3,004,000 5,553,000
Total current liabilities 17,531,000 18,828,000
Operating lease liability, net of current portion 17,100,000 18,981,000
Total liabilities 34,631,000 37,809,000
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at December 31, 2023 and 2022, respectively
Common stock, $0.0001 par value; 500,000,000 shares authorized as of December 31, 2023 and 2022, respectively; 23,823,241 and 23,713,196 shares issued and outstanding as of December 31, 2023 and 2022, respectively 2,000 2,000
Additional paid-in capital 289,867,000 282,566,000
Accumulated other comprehensive income (loss) 34,000 (81,000)
Accumulated deficit (181,482,000) (102,856,000)
Total stockholders' equity (deficit) 108,421,000 179,631,000
Total liabilities, convertible preferred stock, and stockholders' equity (deficit) $ 143,052,000 $ 217,440,000