Accrued Expenses and Other Current Liabilities

6 Months Ended

Jun. 30, 2026

Accrued Expenses and Other Current Liabilities [Abstract]

Accrued Expenses and Other Current Liabilities

Note 10. Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):


	June 30, 2026		December 31, 2025
Accrued professional services	$	1,943	$	2,766
Accrued royalties	1,328		1,784
Accrued tax liabilities	2,022		1,125
Acquisition holdback (1)	—		1,000
Off-market liability (2)	—		6,869
Other accrued expenses	3,190		4,027
Total accrued expenses and other current liabilities	$	8,483	$	17,571

(1) The holdback associated with the Emission acquisition (refer to Note 3 - Acquisitions) was paid in the first quarter of 2026.

(2) Represented the current portion of an off-market component of the Development Agreement (assumed in the acquisition of Akoya). This contract was terminated in the first quarter of 2026. Refer to Note 3 - Acquisitions.