v3.26.1
Accounts Payable and Accrued Liabilities
6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Liabilities Accounts Payable and Accrued Liabilities
The following is a summary of the Company’s accounts payable and accrued liabilities as of June 30, 2026 and December 31, 2025:
(in thousands)June 30,
2026
December 31, 2025
Research and development expenses$25,086 $18,917 
Professional fees
21,206 16,506 
Compensation and employee benefits8,116 10,322 
Finance lease liabilities
4,005 3,403 
Royalties payable2,273 2,057 
Operating lease liabilities625 2,152 
Milestone obligations under license agreements— 10,000 
Accounts payable and other accrued liabilities8,683 4,940 
Total accounts payable and accrued liabilities$69,994 $68,297