6 | Accrued expenses and other current liabilities |
Accrued expenses and other current liabilities include the following items: | | | | | | | | | September 30, | | December 31, | | | 2025 | | 2024 | | | | (in thousands) | Personnel-related accruals and liabilities (As of September 30, 2025, $15.7 million (December 31, 2024: $0.1 million) related to cash proceeds from employees stock option exercises) | | $ | 26,526 | | $ | 12,290 | Accruals for goods received from and services provided by vendors-not yet billed | | | 16,941 | | | 10,109 | Current portion of firm purchase commitment liability | | | 3,773 | | | 1,582 | Liability owed to the Purchaser pursuant to the Royalty Financing Agreement (refer to Note 8 "Royalty Financing Agreement") | | | 3,583 | | | 4,951 | Other current liabilities | | | 1,124 | | | — | Total | | $ | 51,947 | | $ | 28,932 |
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