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Prepaid Expenses and Other Current Assets (Tables)
 6 Months Ended
Jun. 30, 2024
Prepaid Expense and Other Assets, Current [Abstract]  
Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

U.K. R&D tax credit

 

$

17,659

 

 

$

9,558

 

Prepaid research and development

 

 

700

 

 

 

1,074

 

Prepaid insurance

 

 

1,528

 

 

 

690

 

VAT recoverable

 

 

693

 

 

 

793

 

Other current assets

 

 

2,126

 

 

 

1,979

 

 

$

22,706

 

 

$

14,094