Balance Sheet Components (Tables)

3 Months Ended

Mar. 31, 2025

Balance Sheet Components

Schedule of other prepaid expenses and current assets

Other prepaid expenses and current assets consisted of the following as of March 31, 2025 and December 31, 2024 (in thousands):

	March 31,		December 31,
	2025		2024
Prepaid insurance	$	500	$	695
Prepaid subscriptions		1,677		1,232
Interest receivable		422		698
Tax receivable		865		1,114
Other		454		762
Total other prepaid expenses and current assets	$	3,918	$	4,501

Schedule of property and equipment, net

Property and equipment, net consisted of the following as of March 31, 2025 and December 31, 2024 (in thousands):

	Estimated Useful Life	March 31,		December 31,
	(in years)	2025		2024
Leasehold improvements	Shorter of useful life or lease term	$	17,655	$	17,618
Laboratory equipment	5		5,392		5,227
Furniture and fixtures	5		1,709		1,709
Computer equipment	5		896		896
Capitalized software	3		75		75
Total property and equipment, gross			25,727		25,525
Less: Accumulated depreciation and amortization			(5,399)		(4,557)
Total property and equipment, net		$	20,328	$	20,968

Schedule of other accrued expenses and current liabilities

Other accrued expenses and current liabilities consisted of the following as of March 31, 2025 and December 31, 2024 (in thousands):

	March 31,		December 31,
	2025		2024
Accrued personnel and related expenses	$	3,660	$	7,765
Accrued professional services		11,658		2,657
Accrued other expenses		415		158
Total other accrued expenses and current liabilities	$	15,733	$	10,580