v3.26.1
Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (amounts in thousands):
March 31,
2026
December 31,
2025
Research and development costs$7,147 $10,354 
Interest receivable3,279 3,360 
Value added tax receivable1,834 2,131 
Insurance related expenses363 773 
Income tax receivable911 933 
Other2,125 1,827 
$15,659 $19,378 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consist of the following (amounts in thousands):
March 31,
2026
December 31,
2025
Research and development costs$16,680 $17,694 
Personnel related expenses3,088 14,467 
Professional fees4,343 1,422 
Interest payable821 840 
Operating lease743 713 
Other241 217 
$25,916 $35,353 
Schedule of Property and Equipment, Net
Property and equipment, net consisted of the following (amounts in thousands):
March 31,
2026
December 31,
2025
Computer equipment$1,139 $1,139 
Office furniture724 724 
Office equipment43 43 
Property and equipment, at cost1,906 $1,906 
Less: Accumulated depreciation(1,184)(1,099)
Property and equipment, net$722 $807