v3.26.1
Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2026
Balance Sheet Related Disclosures [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

March 31,
2026

 

 

December 31, 2025

 

Prepaid research and development

 

$

2,559

 

 

$

2,460

 

Prepaid clinical trial

 

 

1,317

 

 

 

866

 

Deferred offering costs

 

 

195

 

 

 

195

 

Prepaid insurance

 

 

143

 

 

 

108

 

Other

 

 

1,011

 

 

 

802

 

Total prepaid expenses and other current assets

 

$

5,225

 

 

$

4,431

 

Schedule of Property Plant and Equipment Net

Property, plant and equipment, net consisted of the following (in thousands):

 

 

March 31,
2026

 

 

December 31,
2025

 

Leasehold improvements

 

$

2,152

 

 

$

2,152

 

Laboratory equipment

 

 

3,357

 

 

 

3,306

 

Computer equipment

 

 

758

 

 

 

749

 

Furniture and fixtures

 

 

921

 

 

 

921

 

Construction in progress

 

 

4,236

 

 

 

4,292

 

 

 

11,424

 

 

 

11,420

 

Accumulated depreciation

 

 

(4,974

)

 

 

(4,684

)

Property, plant and equipment, net

 

$

6,450

 

 

$

6,736

 

Schedule of Accrued Expense and Other Current Labilities

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

 

 

 

March 31,
2026

 

 

December 31,
2025

 

Accrued research and development

 

$

4,851

 

 

$

3,591

 

Accrued compensation

 

 

2,988

 

 

 

9,425

 

Accrued clinical trial

 

 

3,879

 

 

 

3,290

 

Lease liabilities, current portion

 

 

1,824

 

 

 

1,865

 

Accrued professional and consulting fees

 

 

1,208

 

 

 

1,310

 

Accrued property, plant and equipment

 

 

 

 

 

19

 

Other

 

 

784

 

 

 

777

 

Total accrued expenses and other current liabilities

 

$

15,534

 

 

$

20,277