v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows:
December 31,
20252024
(in thousands)
Cash and cash equivalents$57,050$110,995
Restricted cash and cash equivalents
9011,220
Total cash, cash equivalents and restricted cash and cash equivalents$57,951$112,215
Restrictions on Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows:
December 31,
20252024
(in thousands)
Cash and cash equivalents$57,050$110,995
Restricted cash and cash equivalents
9011,220
Total cash, cash equivalents and restricted cash and cash equivalents$57,951$112,215
Schedule of Property, Plant and Equipment Property and equipment are depreciated over the following periods:
Laboratory equipment
5 years
Furniture and office equipment
5 years
Computer equipment
3 years
Leasehold improvementsShorter of lease term or useful life of asset
Property and equipment, net was comprised as follows:
December 31,
20252024
(in thousands)
Leasehold improvements$7,971$7,971
Laboratory equipment2,4852,485
Computer equipment539539
Furniture and fixtures311311
Total property and equipment, gross
11,30611,306
Less: accumulated depreciation(6,618)(4,984)
Total property and equipment, net$4,688$6,322