Accrued expenses consisted of the following (in thousands): | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | External research, development and manufacturing expenses | $ | 41,779 | | $ | 38,855 | Employee compensation and benefits | | 5,618 | | | 13,080 | Professional and consultant fees | | 2,729 | | | 1,500 | Income taxes payable | | 118 | | | 118 | Other | | 936 | | | 870 | Total accrued expenses | $ | 51,180 | | $ | 54,423 |
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