v3.26.1
Accrued Expenses
6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Accrued Expenses

5. Accrued Expenses

Accrued expenses consisted of the following:

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

Accrued research and development

 

$

12,567

 

 

$

17,366

 

Employee compensation and benefits

 

 

14,424

 

 

 

23,072

 

Accrued legal and professional expenses

 

 

4,557

 

 

 

2,242

 

Accrued other

 

 

12,786

 

 

 

7,182

 

Total accrued expenses

 

$

44,334

 

 

$

49,862