v3.25.3
Accrued expenses and other current liabilities
9 Months Ended
Sep. 30, 2025
Accrued expenses and other current liabilities  
Accrued expenses and other current liabilities

6

Accrued expenses and other current liabilities

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Accrued expenses and other current liabilities include the following items:

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September 30, 

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December 31, 

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2025

    

2024

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(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)

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$

26,526

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$

12,290

Accruals for goods received from and services provided by vendors-not yet billed

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16,941

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10,109

Current portion of firm purchase commitment liability

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3,773

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1,582

Liability owed to the Purchaser pursuant to the Royalty Financing Agreement (refer to Note 8 "Royalty Financing Agreement")

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3,583

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4,951

Other current liabilities

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1,124

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—

Total

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$

51,947

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$

28,932

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