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Balance Sheet Components (Tables) | 6 Months Ended
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Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Prepaid and Other Current Assets | Prepaid and other current assets consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Prepaid general and administrative | $ | 1,641 |  |  | $ | 1,316 |
Prepaid research and development | 717 |  |  | 4,146 |
Tax-related receivable | 805 |  |  | 2,622 |
Prepaid contract research organization expenses | — |  |  | 282 |
Other current assets | 154 |  |  | 959 |
Total prepaid and other current assets | $ | 3,317 |  |  | $ | 9,325 |
Schedule of Property, Plant and Equipment, Net | Property, plant and equipment, net consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Land | $ | — |  |  | $ | 31,243 |
Building | — |  |  | 102,433 |
Office and computer equipment | 509 |  |  | 509 |
Total property, plant and equipment, gross | 509 |  |  | 134,185 |
Less: accumulated depreciation | (359) |  |  | (4,779) |
Total property, plant and equipment, net | $ | 150 |  |  | $ | 129,406 |
Schedule of Accrued Expenses and Other Current Liabilities | Accrued expenses and other current liabilities consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Accrued compensation and benefits | $ | 1,356 |  |  | $ | 2,691 |
Accrued operational expenses | 410 |  |  | 582 |
Accrued restructuring costs | 155 |  |  | 2,073 |
Accrued research, development and clinical trial expenses | 952 |  |  | 209 |
Accrued in process research and development | 10,000 |  |  | — |
Operating lease liabilities, current | 456 |  |  | 1,682 |
Total accrued expenses and other current liabilities | $ | 13,329 |  |  | $ | 7,237 |

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- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
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