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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 207,291 $ 121,136
Prepaid expenses and other current assets 14,831 8,497
Total current assets 222,122 129,633
Property and equipment, net 21,364 21,854
Intangible assets, net 82 176
Total assets 243,568 151,663
Current liabilities:    
Accounts payable and accrued expenses 52,552 10,573
Accrued development expense 1,596 3,037
Accrued compensation and benefits 218 200
Other current liabilities 228 385
Total current liabilities 54,594 14,195
Commitments and contingencies (Notes 9, 10 and 11)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.001 par value; 120,000,000 shares authorized; 47,976,166 and 42,236,919 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 48 42
Additional paid-in capital 538,497 518,195
Retained Earnings (Accumulated Deficit) (349,571) (380,769)
Total stockholders' equity 188,974 137,468
Total liabilities and stockholders' equity $ 243,568 $ 151,663