Prepaid expenses and other assets as of December 31, 2025 and 2024 consisted of the following (in thousands):


	December 31, 2025
	Prepaid Expenses and Other Current Assets		Other Long-Term Assets		Total Prepaid Expenses and Other Assets
Research and development service agreements	$	3,527	$	29	$	3,556
Other receivables	625		—		625
Prepaid insurance	601		—		601
Dues and subscriptions	368		—		368
Right-of-use asset	—		140		140
Property and equipment, net (1)	—		103		103
Other	266		78		344
Total	$	5,387	$	350	$	5,737


	December 31, 2024
	Prepaid Expenses and Other Current Assets		Other Long-Term Assets		Total Prepaid Expenses and Other Assets
Research and development service agreements	$	4,841	$	75	$	4,916
Prepaid insurance	858		—		858
Other receivables	345		—		345
Dues and subscriptions	230		—		230
Right-of-use asset	—		266		266
Property and equipment, net (1)	—		73		73
Other	475		72		547
Total	$	6,749	$	486	$	7,235

(1) As of December 31, 2025 and 2024, accumulated depreciation totaled approximately $0.2 million and $0.1 million, respectively.

Accrued expenses and other current liabilities as of December 31, 2025 consisted of the following (in thousands):


	Accrued Expenses and Other Current Liabilities
Research and development	$	5,427
Compensation and other employee liabilities	4,066
Interest	249
Operating lease liability	150
Other	180
Total	$	10,072

Accrued expenses and other liabilities as of December 31, 2024 consisted of the following (in thousands):


	December 31, 2024
	Accrued Expenses and Other Current Liabilities		Other Long-Term Liabilities		Total Accrued Expenses and Other Liabilities
Compensation and other employee liabilities	$	4,207	$	—	$	4,207
Research and development	1,796		—		1,796
Interest	249		—		249
Operating lease liability	133		150		283
Other	230		—		230
Total	$	6,615	$	150	$	6,765