v3.26.1
Subleases
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Subleases

7. Subleases

Sublease Income

As of March 31, 2026, the Company has subleased approximately 130,000 square feet of a total 162,000 square feet of its South San Francisco office and laboratory space under four separate subleases. The Company’s sublease income is recognized as a reduction to rent expense within selling, general and administrative expenses on the condensed consolidated statements of operations. The Company’s sublease income from its subleases is summarized below:

Three Months Ended March 31, 

(In thousands)

  ​

2026

  ​

2025

  ​ ​ ​

Sublease income

$

2,447

$

2,304