v3.26.1
Balance Sheet Details
6 Months Ended
Jun. 30, 2026
Balance Sheets Details [Abstract]  
Balance Sheet Details Balance Sheet Details
Inventories
Inventories consisted of the following (in thousands):
June 30, 2026December 31, 2025
Finished goods1,602 1,817 
Total inventories$1,602 $1,817 
Prepaid expenses and other current assets
As of June 30, 2026, prepaid expenses and other current assets consisted of prepaid expenses of $2.9 million and other current assets of $0.5 million. As of December 31, 2025, prepaid expenses and other current assets consisted of prepaid expenses of $5.2 million and other current assets of $0.5 million.
Property and Equipment, net
Property and equipment, net consisted of the following (in thousands):
June 30, 2026December 31, 2025
Laboratory equipment$38,446 $38,943 
Leasehold improvements15,510 15,229 
Computer equipment and software2,577 2,556 
Office equipment and furniture1,188 1,133 
Construction in progress1,061 405 
Property and equipment58,782 58,266 
Less: accumulated depreciation and amortization(46,875)(45,242)
Property and equipment, net$11,907 $13,024 
Depreciation expense included in both research and development expenses and selling, general and administrative expenses in the unaudited condensed consolidated statements of operations was as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Research and development$1,087 $1,181 $2,225 $2,127 
Selling, general and administrative111 121 221 333 
Total depreciation expense$1,198 $1,302 $2,446 $2,460 
Other Accrued Liabilities
Other accrued liabilities consisted of the following (in thousands):
June 30, 2026December 31, 2025
Accrued purchases$1,590 $938 
Accrued professional and outside service fees1,653 1,384 
Other122 446 
Total other accrued liabilities$3,365 $2,768