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Balance Sheet Components
3 Months Ended
Mar. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consists of the following:
March 31, 2025December 31, 2024
(In thousands)
Laboratory equipment$15,139 $14,963 
Leasehold improvements13,778 13,779 
Computer equipment and software941 901 
Construction in progress
Total property and equipment29,863 29,652 
Less: Accumulated depreciation and amortization(18,728)(18,045)
Property and equipment, net$11,135 $11,607 
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consist of the following:
March 31, 2025December 31, 2024
(In thousands)
Accrued nonclinical, clinical and process development costs$8,221 $4,401 
Employee compensation5,202 9,540 
Accrued professional services1,675 554 
Other948 1,125 
Total accrued expenses and other current liabilities$16,046 $15,620