v3.26.3
Balance Sheet Components
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consisted of the following:
As of September 30, 2026As of December 31, 2025
Building and land$14,078 $14,078 
Leasehold improvements
2,697 2,697 
Computer hardware and software854 854 
Office and lab equipment13,049 12,437 
Furniture and fixtures2,024 2,024 
$32,702 $32,090 
Accumulated depreciation(18,024)(16,126)
14,678 15,964 
Equipment not yet in service22 — 
Property and equipment, net$14,700 $15,964 
Depreciation expense was $569 and $1,898 for the three and nine months ended September 30, 2026, respectively, and $1,105 and $3,180 for the three and nine months ended September 30, 2025, respectively.
Other Non-current Assets
Other non-current assets consisted of the following:
As of September 30, 2026As of December 31, 2025
Operating lease right-of-use assets$35,531 $45,058 
Other2,141 2,306 
Other non-current assets$37,672 $47,364 
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
As of September 30, 2026As of December 31, 2025
Accrued employee compensation and benefits12,099 16,781 
Accrued clinical trial costs22,409 30,437 
Operating lease liabilities - current portion
4,744 5,756 
2025 Additional Consideration True-Up liability
— 42,710 
Other accrued expenses and other current liabilities9,981 8,607 
 Accrued expenses and other current liabilities$49,233 $104,291