Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 48,810	$ 37,706
Restricted cash	822	822
Marketable securities, current	134,031	165,351
Prepaid expenses and other current assets	5,957	3,530
Total current assets	189,620	207,409
Property and equipment, net	10,130	10,666
Marketable securities, noncurrent	15,096	25,505
Right-of-use assets	8,407	8,382
Other assets	242	190
Total assets	223,495	252,152
Current liabilities:
Accounts payable	2,063	3,237
Accrued expenses	10,257	9,940
Operating lease liabilities, current	1,243	852
Total current liabilities	13,563	14,029
Operating lease liabilities, noncurrent	12,024	12,434
Total liabilities	25,587	26,463
Stockholders’ equity:
Preferred stock, $0.00001 par value, 5,000,000 shares authorized at September 30, 2024 and December 31, 2023. No shares issued or outstanding at September 30, 2024 and December 31, 2023.
Common stock, $0.00001 par value, 1,000,000,000 shares authorized; 51,749,504 and 51,445,862 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively.
Additional paid-in capital	543,210	535,468
Accumulated deficit	(345,712)	(310,003)
Accumulated other comprehensive income	410	224
Total stockholders’ equity	197,908	225,689
Total liabilities and stockholders’ equity	$ 223,495	$ 252,152

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).