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Balance sheet components (Tables)
12 Months Ended
Dec. 31, 2025
Balance sheet components  
Schedule of property and equipment

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

 

 

December 31,

 

 

2025

 

 

2024

 

Lab equipment

 

$

10,580

 

 

$

9,501

 

Construction in progress

 

 

5,548

 

 

 

3,297

 

Leasehold improvements

 

 

4,164

 

 

 

1,636

 

Computer equipment

 

 

502

 

 

 

270

 

Office equipment and furniture and fixtures

 

 

212

 

 

 

158

 

Property and equipment at cost

 

 

21,006

 

 

 

14,862

 

Less accumulated depreciation and amortization

 

 

(6,370

)

 

 

(4,749

)

Property and equipment, net

 

$

14,636

 

 

$

10,113

 

Schedule of accrued expenses and other current liabilities

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

 

 

December 31,

 

 

 

2025

 

 

2024

 

Compensation and related benefits

 

$

11,527

 

 

$

5,861

 

Development milestones

 

 

10,000

 

 

 

6,150

 

Manufacturing expenses

 

 

9,462

 

 

 

6,544

 

Clinical development expenses

 

 

7,036

 

 

 

6,581

 

Operating lease liabilities, current portion

 

 

 

 

 

63

 

Other

 

 

3,626

 

 

 

7,978

 

Total accrued expenses and other current liabilities

 

$

41,651

 

 

$

33,177