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Prepaid and Other Current Assets (Tables)
6 Months Ended
Jun. 30, 2025
Prepaid Expense and Other Assets, Current [Abstract]  
Summary of Prepaid and Other Current Assets

Prepaid and other current assets consisted of the following as of June 30, 2025 and December 31, 2024 (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Down payments for inventory

 

$

237

 

 

$

1,080

 

Prepaid research and development

 

 

15,465

 

 

 

7,780

 

Other prepaid expenses

 

 

13,469

 

 

 

9,508

 

Total prepaid assets

 

$

29,171

 

 

$

18,368

 

 

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Royalties receivable

 

$

5,922

 

 

$

4,525

 

Receivable from collaboration agreement

 

 

9,174

 

 

 

2,272

 

Deposits and other current assets

 

 

4,746

 

 

 

4,847

 

Total other current assets

 

$

19,842

 

 

$

11,644