v3.26.1
Intangible Assets
12 Months Ended
Dec. 31, 2025
Intangible Assets  
Intangible Assets

6. Intangible Assets

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

As of December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

Licensed patent rights

$

826

$

826

Less: accumulated amortization

 

(504)

 

(441)

Total intangible assets, net

$

322

$

385

As of December 31, 2025, the expected remaining amortization expense is as follows (in thousands):

Year Ended December 31, 

  ​ ​ ​

Amount

2026

 

$

63

2027

 

63

2028

 

63

2029

 

63

2030

63

Thereafter

 

7

Total

$

322

The Company recognized less than $0.1 million for amortization expense for each of the years ended December 31, 2025 and 2024. Amortization expense is included in research and development expense in the consolidated statements of operations and comprehensive loss.