| Balance Sheet Details |
2. Balance Sheet Details Prepaid expenses and other current assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30,
2026 |
|
|
December 31,
2025 |
|
Interest receivable |
|
$ |
6,176 |
|
|
$ |
6,428 |
|
Prepaid research and development |
|
|
4,526 |
|
|
|
1,854 |
|
Other prepaid expenses |
|
|
1,573 |
|
|
|
1,038 |
|
Prepaid expenses and other current assets |
|
$ |
12,275 |
|
|
$ |
9,320 |
|
Property and equipment, net consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30,
2026 |
|
|
December 31,
2025 |
|
Laboratory equipment |
|
$ |
9,619 |
|
|
$ |
9,317 |
|
Furniture and fixtures |
|
|
792 |
|
|
|
792 |
|
Computer equipment and software |
|
|
664 |
|
|
|
710 |
|
Total property and equipment |
|
|
11,075 |
|
|
|
10,819 |
|
Less: accumulated depreciation |
|
|
(7,815 |
) |
|
|
(6,967 |
) |
Property and equipment, net |
|
$ |
3,260 |
|
|
$ |
3,852 |
|
Accrued expenses consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30,
2026 |
|
|
December 31,
2025 |
|
Accrued research and development |
|
$ |
15,580 |
|
|
$ |
12,099 |
|
Accrued compensation |
|
|
3,104 |
|
|
|
4,590 |
|
Other accrued expenses |
|
|
829 |
|
|
|
944 |
|
Accrued expenses |
|
$ |
19,513 |
|
|
$ |
17,633 |
|
|