v3.25.4
RESEARCH AND DEVELOPMENT EXPENSES
12 Months Ended
Dec. 31, 2025
RESEARCH AND DEVELOPMENT EXPENSES  
RESEARCH AND DEVELOPMENT EXPENSES

NOTE 3 – RESEARCH AND DEVELOPMENT EXPENSES:

Research and development expenses consisted of the following (in thousands):

  ​ ​ ​

  ​ ​ ​

For the year ended

For the year ended

December 31, 

December 31, 

2025

2024

Employee compensation and benefits

 

$

7,966

$

6,892

Clinical expense

 

5,461

 

4,330

License fee

 

2,438

 

5

Manufacturing

 

2,131

 

1,535

Professional services and other

 

157

 

156

Total research and development expenses

 

$

18,153

$

12,918