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Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

Laboratory equipment

 

$

26,086

 

 

$

25,192

 

Leasehold improvements

 

 

14,571

 

 

 

14,280

 

Computer equipment and software

 

 

5,393

 

 

 

5,046

 

Furniture and fixtures

 

 

1,313

 

 

 

1,200

 

Construction in progress

 

 

3,171

 

 

 

394

 

 

 

50,534

 

 

 

46,112

 

Less: accumulated depreciation and amortization

 

 

(23,381

)

 

 

(21,823

)

Property and equipment, net

 

$

27,153

 

 

$

24,289

 

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

Accrued compensation

 

$

13,446

 

 

$

30,774

 

Accrued research and development

 

 

81,589

 

 

 

63,635

 

Accrued professional services

 

 

2,427

 

 

 

1,623

 

Other

 

 

651

 

 

 

583

 

Total accrued expenses and other current liabilities

 

$

98,113

 

 

$

96,615