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Accrued Expenses and Other Current Liabilities
12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Accrued Expenses and Other Current Liabilities

6. Accrued expenses and other current liabilities

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

 

 

December 31,
2024

 

 

December 31,
2023

 

Accrued contingent obligation

 

$

 

 

$

43,280

 

Employee compensation and related benefits

 

 

21,572

 

 

 

21,774

 

Research costs

 

 

11,179

 

 

 

9,804

 

Process development and manufacturing costs

 

 

3,525

 

 

 

4,697

 

Professional fees

 

 

3,381

 

 

 

3,468

 

Other

 

 

7,811

 

 

 

28,641

 

Total

 

$

47,468

 

 

$

111,664