v3.24.2.u1
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 178,613 $ 193,238
Short-term investments 24,612 48,011
Prepaid expenses and other current assets 3,031 3,241
Total current assets 206,256 244,490
Property and equipment, net 2,976 2,541
Operating lease right-of-use assets 5,934 4,910
Other assets 2,252 1,709
Total Assets 217,418 253,650
Current liabilities:    
Accounts payable 4,219 4,547
Accrued and other current liabilities 6,280 7,887
Operating lease liabilities, current portion 7,400 3,560
Total current liabilities 17,899 15,994
Operating lease liabilities, net of current portion 0 1,458
Total Liabilities 17,899 17,452
Commitments and contingencies (see Notes 5 and 6)
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 10,000,000 shares authorized as of June 31, 2024 and December 31, 2023; no shares issued or outstanding at June 30 2024 and December 31, 2023 0 0
Voting and non-voting common stock, $0.00001 par value: 150,000,000 (143,590,481 voting and 6,409,519 non-voting) shares authorized as of June 30 2024 and December 31, 2023; 48,291,469 voting shares issued and outstanding as of June 30, 2024 and 47,823,232 (46,378,937 voting and 1,444,295 non voting) shares issued and outstanding as of December 31, 2023 0 0
Additional paid-in capital 485,434 469,396
Accumulated other comprehensive loss (29) 39
Accumulated deficit (285,886) (233,237)
Total stockholders’ equity 199,519 236,198
Total liabilities and stockholders’ equity $ 217,418 $ 253,650

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