v3.26.1
Note 14 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Accruals and other $ 1,854 $ 1,347
Research credits 3,006 8,379
Net operating loss carryforward 63,733 90,142
Section 59(e) R&D expenditures 2,763 1,136
Section 174 R&D expenditures 1,780 2,446
XOMA royalty 1,819 1,371
Total deferred tax assets 74,955 104,821
IP from Acquisition (2,468) (1,852)
Total deferred tax liabilities (2,468) (1,852)
Valuation allowance (72,487) (102,969)
Net deferred tax assets $ 0 $ 0