v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies  
Schedule of change in the research and development incentive receivable

The following table shows the change in the research and development incentive receivable from January 1, 2024 to June 30, 2025 (in thousands):

Balance at January 1, 2024

    

$

771

Foreign currency translation

 

(67)

Balance at December 31, 2024

$

704

Australian research and development incentive income

56

Foreign currency translation

38

Balance at June 30, 2025

$

798

Schedule of assets and liabilities carried at fair value in accordance with the hierarchy

A summary of the assets carried at fair value in accordance with the hierarchy defined above is as follows (in thousands):

    

Total

    

Level 1

    

Level 2

    

Level 3

June 30, 2025

Assets:

Cash equivalents

$

5,151

$

5,151

$

$

Total assets

$

5,151

$

5,151

$

$

December 31, 2024

Assets:

Cash equivalents

$

23,299

$

23,299

$

$

Total assets

$

23,299

$

23,299

$

$