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


	March 31,		December 31,
	2026		2025
Prepaid research and development expenses	$	259	$	323
Prepaid insurance		—		185
Prepaid taxes		460		211
Prepaid professional and legal costs		—		30
Other prepaid expenses and other current assets		142		78
Total prepaid expenses and other current assets	$	861	$	827

Accrued expenses and other current liabilities as of March 31, 2026 and December 31, 2025 consisted of the following (in thousands):


	March 31,		December 31,
	2026		2025
Accrued research and development expenses	$	5,354	$	4,295
Accrued compensation expense		508		1,601
Accrued professional and legal costs		604		442
Accrued transaction expenses		337		1,717
Other accrued expenses and other current liabilities		54		62
Total accrued expenses and other current liabilities	$	6,857	$	8,117