v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 58,432 $ 69,530
Marketable securities 158,292 188,387
Restricted cash 428 0
Prepaid expenses and other current assets 7,778 8,426
Total current assets 224,930 266,343
Property and equipment, net 7,539 8,102
Operating lease right-of-use assets 39,697 39,476
Restricted cash, net of current portion 2,139 2,567
Other assets 1 4
Total assets 274,306 316,492
Current liabilities:    
Accounts payable 3,239 1,601
Accrued expenses and other current liabilities 10,374 16,497
Operating lease liabilities 2,824 2,454
Deferred revenue 19,480 17,618
Total current liabilities 35,917 38,170
Operating lease liabilities, net of current portion 34,122 34,039
Deferred revenue, net of current portion 37,511 44,766
Total liabilities 107,550 116,975
Commitments and contingencies (Note 8)
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively
Stockholders' equity:    
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2025 and December 31, 2024, respectively; 108,107,890 and 107,729,343 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 108 108
Additional paid-in capital 707,888 700,631
Accumulated other comprehensive income 194 336
Accumulated deficit (541,434) (501,558)
Total stockholders' equity 166,756 199,517
Total liabilities and stockholders' equity $ 274,306 $ 316,492