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Other Balance Sheet Components
 3 Months Ended
Mar. 31, 2026
Prepaid Expense and Other Assets, Current [Abstract]  
Other Balance Sheet Components Other Balance Sheet Components
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in thousands):
March 31,
2026		December 31,
2025
Prepaid research and development
$721 $1,504 
Software and subscriptions expense506 402 
Prepaid insurance costs379 559 
Prepaid lease costs264 270 
Unbilled receivable— 155 
Other388 342 
Total prepaid expenses and other current assets$2,258 $3,232 
Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
March 31,
2026		December 31,
2025
Leasehold improvements$4,518 $4,518 
Laboratory equipment4,195 4,106 
Computer and software938 938 
Furniture and fixtures524 524 
Construction in progress13 — 
Total property and equipment10,188 10,086 
Less: accumulated depreciation and amortization(8,261)(7,747)
Total property and equipment, net$1,927 $2,339 
The Company incurred depreciation and amortization expense of $0.5 million and $0.4 million for the three months ended March 31, 2026 and 2025, respectively. For each of the three months ended March 31, 2026 and 2025, depreciation and amortization expense included nominal finance lease right-of-use (“ROU”) asset amortization.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in thousands):
March 31,
2026		December 31,
2025
External R&D expenses$1,802 $1,828 
Employee compensation and benefits945 2,642 
Deferred lease incentive842 — 
Professional fees539 1,073 
Other174 116 
Total accrued expenses and other current liabilities$4,302 $5,659