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Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2025
Balance Sheet Related Disclosures [Abstract]  
Summary of Prepaid Expenses and Other Current Assets

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

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Prepaid research and development cost

 

$

4,972

 

 

$

6,417

 

Security deposit

 

 

2,114

 

 

 

2,114

 

Prepaid insurance

 

 

696

 

 

 

496

 

Interest receivable

 

 

22

 

 

 

24

 

Other

 

 

635

 

 

 

1,002

 

Total prepaid expenses and other current assets

 

$

8,439

 

 

$

10,053

 

Property, Plant and Equipment [Table Text Block]

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

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Laboratory equipment

 

$

3,928

 

 

$

3,928

 

Leasehold improvements

 

 

3,439

 

 

 

3,439

 

Computer equipment

 

 

146

 

 

 

146

 

Furniture and fixtures

 

 

432

 

 

 

432

 

Total property and equipment, gross

 

 

7,945

 

 

 

7,945

 

Less: accumulated depreciation

 

 

(5,114

)

 

 

(4,179

)

Total property and equipment, net

 

$

2,831

 

 

$

3,766

 

 

Schedule of Accrued Liabilities [Table Text Block]

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

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Accrued research and development materials and services

 

$

5,001

 

 

$

5,947

 

Accrued personnel expenses

 

 

2,810

 

 

 

452

 

Accrued professional services

 

 

414

 

 

 

60

 

Other

 

 

210

 

 

 

203

 

Total accrued expenses and other current liabilities

 

$

8,435

 

 

$

6,662