v3.26.1
Prepaid Expenses and Other Current Assets
3 Months Ended
Mar. 31, 2026
Prepaid Expense and Other Assets, Current [Abstract]  
Prepaid Expenses and Other Current Assets

5. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following (in thousands):

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Contract research and development costs

 

$

1,205

 

 

$

1,198

 

Research and development tax credit receivable

 

 

854

 

 

 

875

 

Prepaid insurance costs

 

 

410

 

 

 

577

 

Value-added tax refund receivable

 

 

40

 

 

 

24

 

Other

 

 

 

 

 

125

 

Total prepaid expenses and other current assets

 

$

2,509

 

 

$

2,799