v3.25.4
Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2025
Prepaid Expense and Other Assets, Current [Abstract]  
Prepaid Expenses and Other Current Assets

9. Prepaid Expenses and Other Current Assets

Prepaid expenses consist of the following (in thousands):

 

 

 

December 31, 2025

 

 

December 31, 2024

 

Tax receivables

 

$

13,135

 

 

$

1,348

 

Prepaid research and development related expenses

 

 

3,715

 

 

 

4,900

 

Other

 

 

946

 

 

 

421

 

Accounts receivable, net

 

 

667

 

 

 

354

 

Short-term notes receivable, net

 

 

625

 

 

 

 

Prepaid insurance

 

 

556

 

 

 

772

 

Total

 

$

19,644

 

 

$

7,795