v3.25.2
Balance Sheet Components (Tables)
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Prepaid and Other Current Assets
Prepaid and other current assets consisted of the following (in thousands):
June 30, 2025
December 31, 2024
Prepaid general and administrative$1,641 $1,316 
Prepaid research and development717 4,146 
Tax-related receivable805 2,622 
Prepaid contract research organization expenses— 282 
Other current assets154 959 
Total prepaid and other current assets$3,317 $9,325 
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net consisted of the following (in thousands):
June 30, 2025
December 31, 2024
Land$— $31,243 
Building— 102,433 
Office and computer equipment509 509 
Total property, plant and equipment, gross509 134,185 
Less: accumulated depreciation(359)(4,779)
Total property, plant and equipment, net$150 $129,406 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in thousands):
 June 30, 2025December 31, 2024
Accrued compensation and benefits$1,356 $2,691 
Accrued operational expenses410 582 
Accrued restructuring costs155 2,073 
Accrued research, development and clinical trial expenses952 209 
Accrued in process research and development10,000 — 
Operating lease liabilities, current456 1,682 
Total accrued expenses and other current liabilities$13,329 $7,237