Balance Sheet Components (Tables)

12 Months Ended

Dec. 31, 2025

Other prepaid expenses and current assets consisted of the following as of December 31, 2025 and 2024 (in thousands):


		December 31,			December 31,
		2025			2024
Prepaid subscriptions		$	2,088		$	1,232
Interest receivable			1,343			698
Prepaid insurance			744			695
Tax receivable			740			1,114
Prepaid credit voucher for clinical manufacturing			683			—
Other			1,142			762
Total other prepaid expenses and current assets		$	6,740		$	4,501

Property and equipment, net consisted of the following as of December 31, 2025 and 2024 (in thousands):


		Estimated Useful Life		December 31,			December 31,
		(in years)		2025			2024
Leasehold improvements		Shorter of useful life or lease term		$	17,655		$	17,618
Laboratory equipment		5			5,843			5,227
Furniture and fixtures		5			1,709			1,709
Computer equipment		5			896			896
Capitalized software		3			75			75
Total property and equipment, gross					26,178			25,525
Less: Accumulated depreciation and amortization					(7,988)			(4,557)
Total property and equipment, net				$	18,190		$	20,968

Other accrued expenses and current liabilities consisted of the following as of December 31, 2025 and 2024 (in thousands):


		December 31,			December 31,
		2025			2024
Accrued personnel and related expenses		$	17,581		$	7,765
Accrued professional services and other			4,397			2,657
Severance liability			244			—
Accrued other expenses			81			158
Total other accrued expenses and current liabilities		$	22,303		$	10,580

ALUMIS INC. 10-K