v3.26.1
Prepaid Expenses and Other Current Assets (Tables)
 8 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

The following table summarizes the components of prepaid expenses and other current assets for each of the periods indicated (in thousands):
 

 

 

As of

 

As of April 30,

 

 

December 31, 2025

 

2025

 

2024

Other prepaid expenses

 

$

4,312

 

$

5,125

 

$

2,833

Interest and other receivables

 

 

1,664

 

 

1,826

 

 

1,409

VAT receivable

 

 

845

 

 

932

 

 

1,023

Prepaid clinical activities

 

 

891

 

 

807

 

 

1,585

Kaken receivable (Note 15)

 

 

—

 

 

11,000

 

 

—

Total prepaid expenses and other current assets

 

$

7,712

 

$

19,690

 

$

6,850