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Balance Sheet Details (Tables)
12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

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

 

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Interest receivable

 

$

5,381

 

 

$

2,161

 

Prepaid research and development

 

 

2,354

 

 

 

2,318

 

Other prepaid expenses

 

 

758

 

 

 

734

 

Prepaid expenses and other current assets

 

$

8,493

 

 

$

5,213

 

Schedule of Property and Equipment, Net

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

 

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Laboratory equipment

 

$

8,360

 

 

$

8,454

 

Furniture and fixtures

 

 

792

 

 

 

792

 

Computer equipment and software

 

 

658

 

 

 

628

 

Assets not placed in service

 

 

6

 

 

 

43

 

Total property and equipment

 

 

9,816

 

 

 

9,917

 

Less: accumulated depreciation

 

 

(4,952

)

 

 

(2,914

)

Property and equipment, net

 

$

4,864

 

 

$

7,003

 

Schedule of Accrued Expenses

Accrued expenses consist of the following (in thousands):

 

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Accrued research and development

 

$

6,200

 

 

$

3,535

 

Accrued compensation

 

 

4,566

 

 

 

3,303

 

Other accrued expenses

 

 

918

 

 

 

549

 

Accrued expenses

 

$

11,684

 

 

$

7,387