v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Long-Lived Assets by Geographic Areas
Long-lived assets by geographic area are as follows:

(in thousands)
CountryJune 30, 2025December 31, 2024
Switzerland
$1,557 $1,460 
United Kingdom
— 12,133 
United States
1,249 997 
$2,806 $14,590 
Schedule of Property, Plant and Equipment
Property and equipment as of June 30, 2025 and December 31, 2024 consisted of the following:
(in thousands)June 30, 2025December 31, 2024
Leasehold improvements
$1,498 $3,873 
Laboratory equipment3,009 4,415 
Office equipment781 970 
Hardware and computer software
1,148 1,137 
6,436 10,395 
Less: accumulated depreciation(6,435)(5,320)
Property and equipment, net$1 $5,075