Accrued expenses consisted of the following (in thousands): | | | | | | | September 30, 2026 | | December 31, 2025 | External research, development and manufacturing expenses | $ | 34,663 | | $ | 38,855 | Employee compensation and benefits | | 12,573 | | | 13,080 | Professional and consultant fees | | 1,530 | | | 1,500 | Interest expense on convertible senior notes | | 2,891 | | | — | Income taxes payable | | 49 | | | 118 | Other | | 2,030 | | | 870 | Total accrued expenses | $ | 53,736 | | $ | 54,423 |
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