Note 3 - Prepaid Expenses and Other Current Assets

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Prepaid Expenses and Other Current Assets [Text Bock]

Note 3. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets at March 31, 2026 and December 31, 2025 consisted of the following (in thousands):

		*March 31,*				*December 31,*
		*2026*				*2025*
Prepaid insurance		$	253			$	493
Contract research organization and other deposits			801				1,530
Interest receivable			117				120
Other			220				64
Total prepaid expenses and other current assets		$	1,391			$	2,207

Contract research organization and other deposits represent cash payments made to vendors in excess of expenses incurred.