v3.26.1
Supplemental Balance Sheet Information (Tables)
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net consists of the following:

 

June 30,

 

 

December 31,

 

 

2026

 

 

2025

 

 

(in thousands)

 

Laboratory equipment

 

$

8,768

 

 

$

8,936

 

Computer equipment

 

 

2,599

 

 

 

2,599

 

Computer software

 

 

125

 

 

 

125

 

Furniture and fixtures

 

 

2,023

 

 

 

2,023

 

Leasehold improvements

 

 

3,724

 

 

 

3,723

 

Construction in progress

 

 

140

 

 

 

 

 

 

17,379

 

 

 

17,406

 

Less: Accumulated depreciation

 

 

(11,285

)

 

 

(10,538

)

Property and equipment, net

 

$

6,094

 

 

$

6,868

 

 

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities include the following:

 

June 30,

 

 

December 31,

 

 

2026

 

 

2025

 

 

(in thousands)

 

Payroll and employee-related costs

 

$

5,698

 

 

$

9,046

 

Research and development costs

 

 

7,014

 

 

 

7,424

 

Other

 

 

2,834

 

 

 

1,289

 

Total accrued expenses and other current liabilities

 

$

15,546

 

 

$

17,759

 

Schedule of Reconciliation of Cash and Cash Equivalents and Restricted Cash The reconciliation of cash and cash equivalents and restricted cash to amounts presented in the condensed consolidated statements of cash flows are as follows:

 

 

June 30,
2026

 

 

June 30,
2025

 

 

 

(in thousands)

 

Cash and cash equivalents

 

$

345,558

 

 

$

39,272

 

Restricted cash

 

 

2,139

 

 

 

2,567

 

Cash, cash equivalents and restricted cash

 

$

347,697

 

 

$

41,839