v3.25.4
ACCRUED LIABILITIES
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES ACCRUED LIABILITIES
Accrued liabilities consisted of the following:
December 31,
20252024
(in thousands)
Accrued compensation and related benefits$19,657 $10,638 
Accrued outsourced manufacturing15,987 19,370 
Accrued milestone payment10,000 — 
Accrued outsourced clinical and nonclinical studies8,595 11,585 
Accrued professional fees3,827 2,323 
Other accrued liabilities2,442 860 
Operating lease liabilities, short-term753 513 
Accrued interest payable385 154 
Deferred revenue, current - related party367 288 
Total accrued liabilities$62,013 $45,731