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Balance Sheet Accounts and Supplemental Disclosures
9 Months Ended
Sep. 30, 2025
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Accounts and Supplemental Disclosures Balance Sheet Accounts and Supplemental Disclosures
Property and Equipment, Net
Property and equipment, net consist of the following:
(in thousands)September 30, 2025December 31, 2024
Laboratory equipment$6,723 $6,715 
Office furniture and equipment1,583 1,530 
Leasehold improvements203 203 
Property and equipment, gross8,509 8,448 
Less: accumulated depreciation and amortization(7,009)(6,599)
Total property and equipment, net$1,500 $1,849 
 
Accrued Expenses
Accrued expenses consist of the following:
(in thousands)September 30, 2025December 31, 2024
Accrued compensation and related expenses$9,007 $8,449 
Accrued professional fees and other expenses1,184 839 
Accrued research, development and manufacturing expenses22,426 30,213 
Accrued for repurchases of common stock554 — 
Total accrued expenses$33,171 $39,501