Accrued expenses consist of the following (in thousands): | | | | | | | | | | | | | September 30, | | December 31, | | 2026 | | 2025 | | Accrued research and development expenses | $ | 14,497 | | | $ | 14,699 | | | Accrued employee expenses | 7,392 | | | 9,777 | | | | | | | Accrued general and administrative expenses | 340 | | | 466 | | | Lease liability | 4,266 | | | 3,873 | | | Contingent consideration | 500 | | | 500 | | Income taxes payable | 175 | | | 194 | | | Accrued legal expenses | 359 | | | 342 | | | Total accrued expenses | 27,529 | | | 29,851 | | | | | | | Less long-term portion | 500 | | | 500 | | Total accrued expenses, current | $ | 27,029 | | | $ | 29,351 | |
|