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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2024 | Jun. 30, 2023
Cash flows from operating activities: |  |
Net loss | $ (30,531) | $ (25,180)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: |  |
Depreciation and amortization | 2 | 221
Non-cash lease cost | 512 | 476
Share-based compensation | 4,136 | 4,027
Changes in operating assets and liabilities: |  |
Collaboration receivable, current and non-current - related party | 21,396 | 0
Other receivables | (3,189) | (1,004)
Prepaid expenses and other current assets | 982 | (5,192)
Other assets | 1 | 0
Accounts payable | 1,318 | 693
Accrued expenses and other current liabilities | 3,454 | (3,372)
Deferred revenue, current and non-current | (254) | (492)
Deferred revenue - related party, current and non-current | (9,966) | (1,034)
Other long-term liabilities | (62) | (24)
Operating lease liability | (605) | (536)
Net cash provided by (used in) operating activities | (12,806) | (31,417)
Cash flows from investing activities: |  |
Net decrease in cash and cash equivalents: | (12,806) | (31,417)
Cash, cash equivalents and restricted cash at beginning of period | 76,333 | 109,107
Cash, cash equivalents and restricted cash at end of period | $ 63,527 | $ 77,690

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