v3.26.1
Restructuring (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Summarizes of future termination benefit payments

The following is a summary of restructuring charges associated with the reductions in force for the periods presented:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

 

(in thousands)

 

Research and development expense

 

$

 

 

$

944

 

 

$

 

 

$

9,293

 

General and administrative expense

 

 

767

 

 

 

579

 

 

 

767

 

 

 

2,043

 

Total restructuring charges

 

$

767

 

 

$

1,523

 

 

$

767

 

 

$

11,336

 

Restructuring of Labiality Activity

The following restructuring liability activity was recorded in connection with the reductions in force for the six months ended June 30, 2026:

 

 

 

 

 

 

June 30, 2026

 

 

 

(in thousands)

 

Liability balance, January 1, 2026

 

$

871

 

Restructuring charges

 

 

767

 

Cash payments

 

 

(871

)

Liability balance, June 30, 2026

 

$

767