v3.26.1
Balance Sheet Details
3 Months Ended
Mar. 31, 2026
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Details

2. Balance Sheet Details

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

 

 

 

March 31,
2026

 

 

December 31,
2025

 

Prepaid research and development

 

$

890

 

 

$

663

 

Prepaid insurance

 

 

116

 

 

 

28

 

Other prepaid expenses and current assets

 

 

126

 

 

 

204

 

Total

 

$

1,132

 

 

$

895

 

 

Property and equipment consist of the following (in thousands):

 

 

 

Useful life
(years)

 

March 31,
2026

 

 

December 31,
2025

 

Furniture, fixtures and office equipment

 

3 - 7

 

$

1,101

 

 

$

1,101

 

Laboratory equipment

 

5

 

 

1,829

 

 

 

1,829

 

Leasehold improvements

 

2 - 3

 

 

2,498

 

 

 

2,498

 

 

 

 

 

5,428

 

 

 

5,428

 

Less accumulated depreciation and amortization

 

 

 

 

(5,428

)

 

 

(5,308

)

Total

 

 

 

$

 

 

$

120

 

 

 

Accounts payable and accrued expenses consist of the following (in thousands):

 

 

 

March 31,
2026

 

 

December 31,
2025

 

Accounts payable

 

$

12,123

 

 

$

8,194

 

Accrued research and development

 

 

6,069

 

 

 

7,280

 

Other accrued expenses

 

 

941

 

 

 

879

 

Total

 

$

19,133

 

 

$

16,353