v3.26.1
Accrued Expenses (Tables)
6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses

Accrued expenses consist of the following (in thousands):

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Payroll and employee-related costs

 

$

8,468

 

 

$

12,966

 

Research costs

 

 

16,965

 

 

 

16,247

 

Collaboration costs

 

 

37,226

 

 

 

53,567

 

Licensing fees

 

 

898

 

 

 

874

 

Professional fees

 

 

3,870

 

 

 

3,749

 

Intellectual property costs

 

 

2,344

 

 

 

1,382

 

Other

 

 

507

 

 

 

622

 

Total

 

$

70,278

 

 

$

89,407