v3.26.1
Accrued Expenses
3 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
Accrued Expenses

5. Accrued Expenses

Accrued expenses consisted of the following:

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

Accrued research and development

 

$

11,790

 

 

$

17,366

 

Employee compensation and benefits

 

 

9,323

 

 

 

23,072

 

Accrued legal and professional expenses

 

 

8,703

 

 

 

2,242

 

Accrued other

 

 

8,104

 

 

 

7,182

 

Total accrued expenses

 

$

37,920

 

 

$

49,862