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Accrued Expenses and Other Current Liabilities | 12 Months Ended
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Dec. 31, 2025
Accrued Expenses and Other Current Liabilities |
Accrued Expenses and Other Current Liabilities | Note 11. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in thousands):
| As of December 31,
| 2025 |  | 2024
Accrued professional services | $ | 2,766 |  |  | $ | 4,897 |
Accrued royalties | 1,784 |  |  | 1,361 |
Accrued tax liabilities | 1,125 |  |  | 1,018 |
Acquisition holdback (1) | 1,000 |  |  | — |
Off-market liability (2) | 6,869 |  |  | — |
Other accrued expenses | 4,027 |  |  | 1,575 |
Total accrued expenses and other current liabilities | $ | 17,571 |  |  | $ | 8,851 |
(1)Represents the holdback associated with the Emission acquisition. Refer to Note 3 - Acquisitions. (2)Represents the current portion of an off-market component of an acquired customer contract in the acquisition of Akoya. Refer to Note 3 - Acquisitions.

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