v3.26.1
Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2026
Balance Sheet Related Disclosures [Abstract]  
Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

As of June 30,

 

 

As of December 31,

 

 

2026

 

 

2025

 

Prepaid expenses

 

$

865

 

 

$

1,621

 

Accrued interest

 

 

104

 

 

 

240

 

Other receivables

 

 

20

 

 

 

18

 

Total

 

$

989

 

 

$

1,879

 

 

Summary of Property and Equipment, Net

Property and equipment consisted of the following (in thousands):

 

 

As of June 30,

 

 

As of December 31,

 

 

2026

 

 

2025

 

Laboratory equipment

 

$

11,773

 

 

$

11,768

 

Leasehold improvements

 

 

4,942

 

 

 

4,939

 

Computer equipment and software

 

 

906

 

 

 

903

 

Furniture and office equipment

 

 

325

 

 

 

325

 

Total

 

 

17,946

 

 

 

17,935

 

Less: Accumulated depreciation and amortization

 

 

(12,191

)

 

 

(10,927

)

Property and equipment, net

 

$

5,755

 

 

$

7,008

 

Summary of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

As of June 30,

 

 

As of December 31,

 

 

2026

 

 

2025

 

Accrued compensation

 

$

2,890

 

 

$

4,365

 

Accrued expenses

 

 

2,414

 

 

 

1,974

 

Government grant liability

 

 

1,792

 

 

 

 

Accrued taxes

 

 

87

 

 

 

 

Other current liabilities

 

 

 

 

 

66

 

Total

 

$

7,183

 

 

$

6,405