Balance Sheet Components (Tables)

12 Months Ended

Dec. 31, 2025

Balance Sheet Related Disclosures [Abstract]

Schedule of Property and Equipment, Net

Property and equipment, net consists of the following (in thousands). Depreciation expenses were $11.4 million, $14.2 million, and $18.9 million for the years ended December 31, 2025, 2024 and 2023, respectively.

		December 31,
	Useful life (in years)	2025		2024
Leasehold improvements	8 - 12	$	56,180	$	53,992
Laboratory equipment	5	40,961		39,428
Furniture and fixtures	5	2,836		2,696
Computer equipment	3	2,689		2,778
Construction in progress	NA	114		1,074
Property and equipment, gross		102,780		99,968
Less: accumulated depreciation and amortization		(47,160)		(36,785)
Total property and equipment, net		$	55,620	$	63,183

Schedule of Accrued and Other Liabilities

Accrued and other liabilities consist of the following (in thousands):

	December 31,
	2025		2024
Research and development expenses	$	35,299	$	29,225
Payroll and related expenses	28,724		31,165
Operating lease liabilities, current	8,798		7,752
Excess funds payable under grant agreements	1,825		11,589
Other professional and consulting expenses	3,327		2,268
Deferred revenue, current	—		12,648
Other accrued expenses	5,039		3,874
Total accrued and other liabilities	$	83,012	$	98,521