v3.26.1
Commitments and contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and contingencies  
Schedule of components of lease expense

The components of the Company’s lease expense, which are recorded as a component of research and development expenses and general and administrative expenses in the condensed consolidated statements of operations and comprehensive loss, are as follows (in thousands):

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2026

  ​ ​ ​

2025

2026

  ​ ​ ​

2025

Operating lease cost

$

820

$

1,286

$

2,172

$

2,537

Variable lease cost

737

 

776

1,590

 

1,574

Finance lease cost:

Amortization of finance lease right-of-use assets

56

55

111

107

Interest on finance lease liabilities

18

22

37

44

Total finance lease cost

$

74

$

77

$

148

$

151

Schedule of maturities of operating lease liabilities

The following table summarizes the maturities of the Company’s lease liabilities as of June 30, 2026 (in thousands):

Year Ending December 31, 

  ​ ​ ​

Operating Leases

  ​ ​ ​

Finance Leases

2026

 

988

 

135

2027

2,843

270

2028

3,599

270

2029

3,599

202

2030

3,599

2031

2,477

Present value adjustment

 

(2,655)

 

(115)

Total lease liabilities

14,450

762

Less: current lease liabilities

 

(770)

 

(211)

Long term lease liabilities

$

13,680

$

551

Schedule of maturities of finance lease liabilities

The following table summarizes the maturities of the Company’s lease liabilities as of June 30, 2026 (in thousands):

Year Ending December 31, 

  ​ ​ ​

Operating Leases

  ​ ​ ​

Finance Leases

2026

 

988

 

135

2027

2,843

270

2028

3,599

270

2029

3,599

202

2030

3,599

2031

2,477

Present value adjustment

 

(2,655)

 

(115)

Total lease liabilities

14,450

762

Less: current lease liabilities

 

(770)

 

(211)

Long term lease liabilities

$

13,680

$

551