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v3.26.1

Balance Sheet Components (Tables) | 3 Months Ended
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Mar. 31, 2026
Balance Sheet Related Disclosures [Abstract] |
Schedule of Property and Equipment, Net | Property and equipment, net, consisted of the following (in thousands):
|  | March 31, 2026 |  |  | December 31, 2025 |
Lab equipment |  | $ | 25,909 |  |  | $ | 25,909 |
Engineering equipment |  |  | 14,843 |  |  |  | 14,843 |
Leasehold improvements |  |  | 120,588 |  |  |  | 120,588 |
Motor vehicles |  |  | 19 |  |  |  | 101 |
Furniture, fittings & office equipment |  |  | 5,150 |  |  |  | 5,150 |
Computer equipment |  |  | 13,062 |  |  |  | 12,970 |
Software |  |  | 5,627 |  |  |  | 5,627 |
Construction in progress |  |  | 963 |  |  |  | 624 |
|  |  | 186,161 |  |  |  | 185,812 |
Less: accumulated depreciation |  |  | (48,094 | ) |  |  | (42,914 | )
Total property and equipment, net |  | $ | 138,067 |  |  | $ | 142,898 |
Schedule of Accrued Expenses and Other Current Liabilities | Accrued expenses and other current liabilities consisted of the following (in thousands):
|  | March 31, 2026 |  |  | December 31, 2025 |
Accrued compensation expenses |  | $ | 11,207 |  |  | $ | 24,868 |
Accrued clinical expenses |  |  | 9,128 |  |  |  | 6,518 |
Accrued expenses related to purchase of IPR&D |  |  | 102 |  |  |  | 102 |
Accrued vendor expenses |  |  | 8,700 |  |  |  | 11,300 |
Current portion of early exercised options and restricted common stock liability |  |  | — |  |  |  | 35 |
Other accrued expenses |  |  | 182 |  |  |  | 1,475 |
Total accrued expenses and other current liabilities |  | $ | 29,319 |  |  | $ | 44,298 |

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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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