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Balance Sheet Components | 12 Months Ended
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Dec. 31, 2024
Disclosure Of Balance Sheet Components [Abstract] |
Balance Sheet Components | 4. Balance Sheet Components Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following (in thousands):
|  | December 31, |
|  | 2024 |  |  | 2023 |
Prepaid research and development costs |  | $ | 2,640 |  |  | $ | 2,617 |
Prepaid insurance |  |  | 700 |  |  |  | 704 |
Prepaid and other current assets |  |  | 1,104 |  |  |  | 823 |
Total prepaid expenses and other current assets |  | $ | 4,444 |  |  | $ | 4,144 |
Property and Equipment, Net Property and equipment, net consisted of the following (in thousands):
|  | December 31, |
|  | 2024 |  |  | 2023 |
Leasehold improvements |  | $ | 17,254 |  |  | $ | 17,245 |
Laboratory equipment |  |  | 1,838 |  |  |  | 1,832 |
Furniture and fixtures |  |  | 692 |  |  |  | 692 |
Computer equipment and software |  |  | 33 |  |  |  | 33 |
Total property and equipment, gross |  |  | 19,817 |  |  |  | 19,802 |
Less: accumulated depreciation |  |  | (7,179 | ) |  |  | (5,029 | )
Total property and equipment, net |  | $ | 12,638 |  |  | $ | 14,773 |
Total depreciation expense recognized for the years ended December 31, 2024 and 2023 was $2.2 million and $2.1 million, respectively. Accrued and Other Current Liabilities Accrued and other current liabilities consisted of the following (in thousands):
|  | December 31, |
|  | 2024 |  |  | 2023 |
Accrued research and development expenses |  | $ | 10,992 |  |  | $ | 4,027 |
Accrued compensation |  |  | 5,833 |  |  |  | 5,607 |
Accrued professional services |  |  | 602 |  |  |  | 501 |
Other accrued and current liabilities |  |  | 141 |  |  |  | 141 |
Total accrued and other current liabilities |  | $ | 17,568 |  |  | $ | 10,276 |

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