XML 24 R12.htm IDEA: XBRL DOCUMENT v3.25.2
Accounts payable and accrued liabilities
 6 Months Ended
Jun. 30, 2025
Payables and Accruals [Abstract]  
Accounts payable and accrued liabilities Accounts payable and accrued liabilities
Accounts payable and accrued liabilities are comprised of the following:
 June 30, 2025December 31, 2024
(in thousands)
Trade accounts payable$1,321 $2,316 
Research and development accruals1,092 691 
Professional fee accruals352 1,164 
Payroll accruals975 3,393 
Restructuring liabilities768 — 
Total accounts payable and accrued liabilities$4,508 $7,564 

In March 2025, the Company’s Board of Directors (the Board) took action to reduce the Company’s workforce by 57%. The Board also decided to exit the Company’s corporate headquarters in Warminster, Pennsylvania and to discontinue in-house scientific research. As a result, the Company recorded a one-time restructuring charge of $12.4 million in the first quarter of 2025, of which there was $0.4 million in severance and benefit costs and $0.3 million of lease-related operation expenses accrued as of June 30, 2025.