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STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands | Total | Common Stock | Additional Paid-In Capital | Accumulated Other Comprehensive Income (Loss) | Accumulated Deficit
--- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Dec. 31, 2021 |  | 42,338,898 |  |  |
Beginning balance at Dec. 31, 2021 | $ 271,786 | $ 5 | $ 389,408 | $ (560) | $ (117,067)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Exercise of stock options and purchases pursuant to employee stock purchase plan (in shares) |  | 51,688 |  |  |
Exercise of stock options and purchases pursuant to employee stock purchase plan | 171 |  | 171 |  |
Stock-based compensation expense | 6,462 |  | 6,462 |  |
Unrealized gain (loss) on investments | (317) |  |  | (317) |
Net loss | $ (101,945) |  |  |  | (101,945)
Ending balance (in shares) at Dec. 31, 2022 | 42,390,586 | 42,390,586 |  |  |
Ending balance at Dec. 31, 2022 | $ 176,157 | $ 5 | 396,041 | (877) | (219,012)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Exercise of stock options and purchases pursuant to employee stock purchase plan (in shares) |  | 158,274 |  |  |
Exercise of stock options and purchases pursuant to employee stock purchase plan | 499 |  | 499 |  |
Issuance of common stock upon initial public offering, net of issuance cost (in shares) |  | 4,651,163 |  |  |
Proceeds from sale of common stock and pre-funded warrants, net of issuance cost | 47,580 |  | 47,580 |  |
Stock-based compensation expense | 6,939 |  | 6,939 |  |
Issuance of common stock upon settlement of restricted stock units (in shares) |  | 77,312 |  |  |
Taxes paid related to net share settlement of equity awards (in shares) |  | (17,227) |  |  |
Taxes paid related to net share settlement of equity awards | (53) |  | (53) |  |
Unrealized gain (loss) on investments | 881 |  |  | 881 |
Net loss | $ (87,298) |  |  |  | (87,298)
Ending balance (in shares) at Dec. 31, 2023 | 47,260,108 | 47,260,108 |  |  |
Ending balance at Dec. 31, 2023 | $ 144,705 | $ 5 | $ 451,006 | $ 4 | $ (306,310)

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