Accrued Expenses and Other Liabilities

12 Months Ended

Dec. 31, 2023

Payables and Accruals [Abstract]

ACCRUED EXPENSES AND OTHER LIABILITIES

8. ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other liabilities consist of the following:

	December 31,
	2023		2022
	(in thousands)
Accrued compensation and benefits	$	5,755	$	5,953
Accrued research and development expenses		—		9,447
Accrued professional fees		941		1,052
Accrued other		325		2,263
Total accrued expenses and other liabilities	$	7,021	$	18,715

Accrued compensation and benefits includes a restructuring accrual for severance and related costs of approximately $4.6 million (see Note 9).