Quarterly report [Sections 13 or 15(d)]

Accrued Expenses and Other Current Liabilities (Tables)

v3.25.1
Accrued Expenses and Other Current Liabilities (Tables)
3 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Professional fees

 

$

497

 

 

$

808

 

Compensation expense (1)

 

 

500

 

 

 

3,073

 

Research and development expenses

 

 

742

 

 

 

404

 

Other

 

 

825

 

 

 

1,189

 

Total accrued expenses and other current liabilities

 

$

2,564

 

 

$

5,474

 

_______________

(1)
Includes accrued severance, bonus, and retention payments of $2.1 million for current and former Pieris employees as of December 31, 2024.