Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2026

Balance Sheet Components

Schedule of other prepaid expenses and current assets

Other prepaid expenses and current assets consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):


		June 30,			December 31,
		2026			2025
Prepaid subscriptions		$	2,394		$	2,088
Interest receivable			2,088			1,343
Tax receivable			1,048			740
Stock options exercise proceeds receivable			724			—
Prepaid insurance			158			744
Prepaid credit voucher for clinical manufacturing			13			683
Other			978			1,142
Total other prepaid expenses and current assets		$	7,403		$	6,740

Schedule of property and equipment, net

Property and equipment, net consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):


		Estimated Useful Life		June 30,			December 31,
		(in years)		2026			2025
Leasehold improvements		Shorter of useful life or lease term		$	18,018		$	17,655
Laboratory equipment		5			5,882			5,843
Furniture and fixtures		5			1,709			1,709
Computer equipment		5			896			896
Capitalized software		3			75			75
Total property and equipment, gross					26,580			26,178
Less: Accumulated depreciation and amortization					(9,733)			(7,988)
Total property and equipment, net				$	16,847		$	18,190

Schedule of other accrued expenses and current liabilities

Other accrued expenses and current liabilities consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):


		June 30,			December 31,
		2026			2025
Accrued personnel and related expenses		$	9,708		$	17,825
Accrued professional services			6,570			4,397
Other			92			81
Total other accrued expenses and current liabilities		$	16,370		$	22,303