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