Other Financial Statement Information

6 Months Ended

Jun. 30, 2026

Balance Sheet Related Disclosures [Abstract]

OTHER FINANCIAL STATEMENT INFORMATION

Inventory

Inventory consists of the following (in thousands):


	June 30, 2026		December 31, 2025
Raw materials	$	3,154	$	3,665
Work-in-progress		30		46
Finished goods		4,479		4,084
Total inventory	$	7,663	$	7,795

Property and Equipment, Net

Property and equipment, net consists of the following (in thousands):


	June 30, 2026			December 31, 2025
Laboratory equipment	$	26,187		$	26,388
Computer equipment and software		3,624			3,358
Furniture and fixtures		681			681
Leasehold improvements		3,668			3,626
Construction-in-progress		247			127
Property and equipment		34,407			34,180
Less: accumulated depreciation and amortization		(22,230	)		(19,426	)
Total property and equipment, net	$	12,177		$	14,754

For the three and six months ended June 30, 2026, the Company recognized depreciation and amortization expense of $1.5 million and $3.0 million, respectively. For the three and six months ended June 30, 2025, the Company recognized depreciation and amortization expense of $1.5 million and $3.1 million, respectively.

Accrued Expenses

Accrued expenses consist of the following (in thousands):


	June 30, 2026		December 31, 2025
Accrued compensation	$	3,439	$	5,597
Accrued professional services		539		314
Accrued taxes		176		635
Other		844		589
Total accrued expenses	$	4,998	$	7,135