Prepaid Expenses and Other Current Assets and Accrued Expenses (Tables)

6 Months Ended

Jun. 30, 2026

Payables and Accruals [Abstract]

Schedule of Prepaid Expenses

Prepaid expenses consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):


		June 30, 2026				December 31, 2025
CRO advances		$	22,774			$	10,757
Prepaid research and development			2,249				541
Prepaid clinical trial expenses			1,014				750
Prepaid insurance			460				693
Other prepaid expenses and other current assets			1,014				478
Total prepaid expenses and other current assets		$	27,511			$	13,219

Schedule of Accrued Expenses

Accrued expenses consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):


		June 30, 2026				December 31, 2025
Accrued CRO costs		$	13,511			$	1,324
Accrued research and development costs			1,898				449
Accrued compensation costs			2,005				1,680
Accrued professional and consulting costs			856				350
Accrued termination benefits			798				515
Other accrued costs			161				267
Total accrued expenses		$	19,229			$	4,585