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Balance Sheet Items (Tables)
6 Months Ended
Jun. 30, 2024
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,
2024

 

 

December 31,
2023

 

Prepaid research and development expenses

 

$

7,611

 

 

$

5,657

 

Prepaid insurance

 

 

1,928

 

 

 

918

 

Other prepaid expenses and other assets

 

 

2,466

 

 

 

2,352

 

Total prepaid expenses and other current assets

 

$

12,005

 

 

$

8,927

 

Schedule of Accrued expenses and other current liabilities

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

 

 

June 30,
2024

 

 

December 31,
2023

 

Accrued license agreement upfront payment

 

$

55,000

 

 

$

 

Accrued research and development expenses

 

 

18,332

 

 

 

12,643

 

Accrued payroll related expenses

 

 

6,601

 

 

 

9,165

 

Accrued professional service expenses

 

 

4,007

 

 

 

3,675

 

Other

 

 

3,132

 

 

 

1,041

 

Total accrued expenses and other current liabilities

 

$

87,072

 

 

$

26,524