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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 148,978 $ 121,136
Restricted cash 40,000 0
Prepaid expenses and other current assets 13,571 8,497
Total current assets 202,549 129,633
Property and equipment, net 21,135 21,854
Intangible assets, net 69 176
Total assets 223,753 151,663
Current liabilities:    
Accounts payable and accrued expenses 52,244 10,573
Accrued development expense 2,543 3,037
Accrued compensation and benefits 1,950 200
Other current liabilities 297 385
Total current liabilities 57,034 14,195
Other non-current liabilities 80 0
Total liabilities 57,114 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 September 30, 2024 and December 31, 2023, respectively 48 42
Additional paid-in capital 544,105 518,195
Retained Earnings (Accumulated Deficit) (377,514) (380,769)
Total stockholders' equity 166,639 137,468
Total liabilities and stockholders' equity $ 223,753 $ 151,663