Accrued expenses consisted of the following (in thousands): | | | | | | | December 31, | | 2025 | | 2024 | External research, development and manufacturing expenses | $ | 38,855 | | $ | 29,338 | Employee compensation and benefits | | 13,080 | | | 8,308 | Professional and consultant fees | | 1,500 | | | 1,265 | Income taxes payable | | 118 | | | 211 | Other | | 870 | | | 249 | Total accrued expenses | $ | 54,423 | | $ | 39,371 |
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