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Accrued Expenses and Other Current Liabilities (Tables)
9 Months Ended
Sep. 30, 2024
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities
Accrued expenses and other current liabilities consist of the following (in thousands):
September 30,
2024
December 31,
2023
Compensation, bonuses and related benefits$3,432 $3,496 
Research and development6,483 4,895 
Accrued severance, bonus, and retention (1)
— 2,476 
Accrued offering costs in connection with pre-closing financing— 3,334 
Accrued transaction costs related to reverse merger— 2,557 
Other 523 737 
Total accrued expenses and other current liabilities$10,438 $17,495 
(1) Includes accrued severance, bonus, and retention payments for former Neoleukin employees.