v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 107,367 $ 31,693
Marketable securities 69,944 119,401
Prepaid expenses and other current assets 6,647 9,529
Total current assets 183,958 160,623
Restricted cash and deposits 768 768
Right-of-use assets - operating lease 16,622 17,379
Other long-term assets 185 518
Property and equipment, net 2,864 3,215
Total Assets 204,397 182,503
Current liabilities:    
Accounts payable 1,286 2,304
Short-term operating lease liability 3,196 3,149
Accrued expenses and other current liabilities 10,370 9,460
Total current liabilities 14,852 14,913
Long-term operating lease liability 14,916 15,620
Total Liabilities 29,768 30,533
Commitments and Contingencies (Note 12)
Stockholders' Equity:    
Common stock, $0.00001 par value, 150,000,000 authorized at June 30, 2025 and December 31, 2024, and 62,071,050 and 49,998,279 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively
Additional paid-in capital 603,333 525,934
Accumulated deficit (428,729) (374,227)
Accumulated other comprehensive income 25 263
Total Stockholders' Equity 174,629 151,970
Total Liabilities and Stockholders' Equity $ 204,397 $ 182,503