v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 39,272 $ 69,530
Marketable securities 141,513 188,387
Restricted cash 428 0
Prepaid expenses and other current assets 8,887 8,426
Total current assets 190,100 266,343
Property and equipment, net 7,786 8,102
Operating lease right-of-use assets 37,555 39,476
Restricted cash, net of current portion 2,139 2,567
Other assets 310 4
Total assets 237,890 316,492
Current liabilities:    
Accounts payable 2,607 1,601
Accrued expenses and other current liabilities 11,510 16,497
Operating lease liabilities 2,534 2,454
Deferred revenue 23,374 17,618
Total current liabilities 40,025 38,170
Operating lease liabilities, net of current portion 32,474 34,039
Deferred revenue, net of current portion 30,437 44,766
Total liabilities 102,936 116,975
Commitments and contingencies (Note 8)
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively
Stockholders' equity:    
Common stock, $0.001 par value; 400,000,000 and 200,000,000 shares authorized at June 30, 2025 and December 31, 2024, respectively; 110,871,249 and 107,729,343 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 111 108
Additional paid-in capital 715,036 700,631
Accumulated other comprehensive income 94 336
Accumulated deficit (580,287) (501,558)
Total stockholders' equity 134,954 199,517
Total liabilities and stockholders' equity $ 237,890 $ 316,492