v3.25.2
Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2025
Balance Sheet Components [Abstract]  
Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

 

 

 

June 30,
2025

 

 

December 31,
2024

 

 

(in thousands)

 

Prepaid research and development

 

$

1,335

 

 

$

1,079

 

Interest receivable

 

 

710

 

 

 

1,363

 

Other receivables

 

 

92

 

 

 

672

 

Other prepaid expenses

 

 

2,855

 

 

 

2,194

 

Total prepaid expenses and other current assets

 

$

4,992

 

 

$

5,308

 

 

Summary of Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

December 31,
2024

 

 

(in thousands)

 

Leasehold improvements

 

$

871

 

Computer equipment

 

 

680

 

Furniture and fixtures

 

 

120

 

Laboratory equipment

 

 

13,832

 

Construction in progress

 

 

86

 

Property and equipment at cost

 

 

15,589

 

Less: accumulated depreciation

 

 

(4,294

)

Property and equipment, net

 

$

11,295

 

Summary of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

 

 

 

June 30,
2025

 

 

December 31,
2024

 

 

(in thousands)

 

Accrued compensation and related expenses

 

$

25

 

 

$

7,894

 

Accrued purchases of property and equipment

 

 

 

 

 

82

 

Accrued deferred offering costs

 

 

 

 

 

82

 

Other

 

 

714

 

 

 

1,379

 

Total accrued expenses and other current liabilities

 

$

739

 

 

$

9,437