Accrued Expenses

6 Months Ended

Jun. 30, 2024

5. Accrued Expenses

Accrued expenses consist of the following (in thousands):


	As of
	June 30,		December 31,
	2024		2023
Payroll and employee-related costs	$	14,373	$	17,347
Research and development costs		19,182		16,962
Collaboration costs		51,455		2,395
Licensing fees		2,325		3,143
Professional fees		2,661		2,515
Intellectual property costs		1,379		1,642
Accrued property and equipment		—		630
Other		508		701
Total	$	91,883	$	45,335