v3.26.1
Accrued Expenses and Other Payables
6 Months Ended
Jun. 30, 2026
Trade and other current payables [abstract]  
Accrued Expenses and Other Expenses
10.
ACCRUED EXPENSES AND OTHER PAYABLES

The table below shows the breakdown of the accrued expenses and other payables by category:

 

 

 

As of June 30, 2026

 

 

As of December 31, 2025

 

Product development related expenses

 

 

10,478

 

 

 

13,156

 

Personnel related expenses

 

 

3,684

 

 

 

4,491

 

General and administration related expenses

 

 

1,161

 

 

 

1,385

 

Other payables

 

 

1,347

 

 

 

935

 

Total

 

 

16,670

 

 

 

19,967

 

 

The decrease in accrued personnel related expenses during the year was primarily related to the payout of bonus amounts accrued as of December 31, 2025. The decrease in product development-related accrued expenses as of June 30, 2026 relative to the prior year-end primarily reflects the timing of invoices and advancements of clinical trials.