XML 44 R29.htm IDEA: XBRL DOCUMENT v3.25.2
Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2025
Balance Sheet Related Disclosures [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

June 30,
2025

 

 

December 31,
2024

 

Prepaid clinical trial

 

$

254

 

 

$

1,112

 

Prepaid research and development

 

 

1,869

 

 

 

841

 

Prepaid insurance

 

 

241

 

 

 

249

 

Deferred offering costs

 

 

33

 

 

 

135

 

Other

 

 

657

 

 

 

308

 

Total prepaid expenses and other current assets

 

$

3,054

 

 

$

2,645

 

Schedule of Property Plant and Equipment Net

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

 

 

June 30,
2025

 

 

December 31,
2024

 

Leasehold improvements

 

$

2,117

 

 

$

2,117

 

Laboratory equipment

 

 

3,163

 

 

 

3,130

 

Computer equipment

 

 

699

 

 

 

707

 

Furniture and fixtures

 

 

853

 

 

 

864

 

Construction in progress

 

 

4,224

 

 

 

4,251

 

 

 

11,056

 

 

 

11,069

 

Accumulated depreciation

 

 

(4,099

)

 

 

(3,584

)

Property, plant and equipment, net

 

$

6,957

 

 

$

7,485

 

Schedule of Accrued Expense and Other Current Labilities

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

 

 

 

June 30,
2025

 

 

December 31,
2024

 

Accrued compensation

 

$

4,095

 

 

$

5,242

 

Accrued clinical trial

 

 

1,876

 

 

 

1,907

 

Lease liabilities, current portion

 

 

1,738

 

 

 

1,877

 

Accrued research and development

 

 

1,720

 

 

 

1,714

 

Accrued professional and consulting fees

 

 

1,313

 

 

 

725

 

Warrant liability

 

 

609

 

 

 

438

 

Accrued property, plant and equipment

 

 

 

 

 

207

 

Other

 

 

800

 

 

 

752

 

Total accrued expenses and other current liabilities

 

$

12,151

 

 

$

12,862