v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 34,457 $ 27,646
Short-term investments 113,416 102,247
Prepaid expenses and other current assets 2,852 2,933
Total current assets 150,725 132,826
Property and equipment, net 3,728 4,076
Operating lease right-of-use assets 25,920 28,256
Long-term investments 31,636 76,405
Other long-term assets 1,180 1,180
Total assets 213,189 242,743
Current liabilities:    
Accounts payable 974 987
Accrued expenses and other liabilities 2,938 2,548
Current portion of operating lease liabilities 4,225 4,097
Total current liabilities 8,137 7,632
Operating lease liabilities, net of current portion 23,958 26,381
Total liabilities 32,095 34,013
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.0001 par value, 200,000,000 authorized as of June 30, 2025 and December 31, 2024; 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 126,305,122 and 126,106,176 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 13 13
Additional paid-in capital 485,669 481,679
Accumulated other comprehensive income 77 57
Accumulated deficit (304,665) (273,019)
Total stockholders’ equity 181,094 208,730
Total liabilities and stockholders' equity $ 213,189 $ 242,743