| Other Balance Sheet Accounts |
8. OTHER BALANCE SHEET ACCOUNTS Prepaid expenses and other current assets are composed of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2025 |
|
|
2024 |
|
Materials and supplies, net |
|
$ |
25,766 |
|
|
$ |
18,658 |
|
Inventories, net |
|
|
8,715 |
|
|
|
— |
|
Prepaid expenses |
|
|
5,809 |
|
|
|
4,890 |
|
Accrued interest receivable |
|
|
3,777 |
|
|
|
2,221 |
|
Other current assets |
|
|
15,855 |
|
|
|
2,556 |
|
Total prepaid expenses and other current assets |
|
$ |
59,922 |
|
|
$ |
28,325 |
|
Accrued expenses and other current liabilities are composed of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2025 |
|
|
2024 |
|
Accrued salaries and other payroll liabilities |
|
$ |
17,046 |
|
|
$ |
10,368 |
|
Accrued professional services |
|
|
19,210 |
|
|
|
936 |
|
Acquisition holdback liabilities |
|
|
6,600 |
|
|
|
3,300 |
|
Accrued equipment and services liabilities for research and development |
|
|
1,313 |
|
|
|
534 |
|
Accrued expenses—other |
|
|
5,021 |
|
|
|
1,286 |
|
Total accrued expenses and other current liabilities |
|
$ |
49,190 |
|
|
$ |
16,424 |
|
Other noncurrent liabilities are composed of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2025 |
|
|
2024 |
|
Defined benefit pension obligation |
|
$ |
4,813 |
|
|
$ |
— |
|
Contingent consideration |
|
|
4,427 |
|
|
|
— |
|
Deferred tax liabilities |
|
|
3,551 |
|
|
|
— |
|
Other noncurrent liabilities |
|
|
188 |
|
|
|
3,394 |
|
Total other noncurrent liabilities |
|
$ |
12,979 |
|
|
$ |
3,394 |
|
|