v3.26.1
Accrued Expenses and Other Current Liabilities
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Accrued Liabilities and Other Liabilities [Abstract]    
Accrued Expenses and Other Current Liabilities
4. Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consist of the following (in thousands):
 
 
 
 
 
 
 
 
 
 
 
  
June 30, 2026
 
  
December 31, 2025
 
Compensation and benefits
  
$
2,536
 
  
$
3,830
 
External research and development costs
  
 
7,722
 
  
 
6,361
 
Legal and professional fees
  
 
5,392
 
  
 
685
 
Other
  
 
2,203
 
  
 
1,415
 
 
  
 
 
 
  
 
 
 
Total accrued expenses and other current liabilities
  
$
17,853
 
  
$
12,291
 
 
  
 
 
 
  
 
 
 
5. Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consist of the following (in thousands):
 
    
December 31,
 
    
2025
    
2024
 
Compensation and benefits
   $ 3,830      $ 5,560  
External research and development costs
     6,361        3,959  
Legal and professional fees
     685        780  
Other
     1,415        979  
  
 
 
    
 
 
 
Total accrued expenses and other current liabilities
   $ 12,291      $ 11,278