Accrued Expenses and Other Current Liabilities

3 Months Ended

Mar. 31, 2026

Accrued Expenses and Other Current Liabilities [Abstract]

Accrued Expenses and Other Current Liabilities

Note 10. Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):


	March 31, 2026		December 31, 2025
Accrued professional services	$	2,126	$	2,766
Accrued royalties	1,763		1,784
Accrued tax liabilities	1,783		1,125
Acquisition holdback (1)	—		1,000
Off-market liability (2)	—		6,869
Other accrued expenses	2,603		4,027
Total accrued expenses and other current liabilities	$	8,275	$	17,571

(1) Represented the holdback associated with the Emission acquisition, which was paid in the first quarter of 2026. Refer to Note 3 - Acquisitions.

(2) Represented the current portion of an off-market component of a customer contract assumed in the acquisition of Akoya. This contract was terminated in the first quarter of 2026. Refer to Note 3 - Acquisitions.