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

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

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Prepaid contracted research and development costs

 

$

3,635

 

 

$

3,159

 

R&D tax credit receivable

 

 

844

 

 

 

864

 

Prepaid insurance

 

 

186

 

 

 

215

 

VAT receivable

 

 

209

 

 

 

390

 

Royalty purchase and sale agreement derivative

 

 

247

 

 

 

394

 

Deposits and other

 

 

1,372

 

 

 

892

 

Total prepaid expenses and other current assets

 

$

6,493

 

 

$

5,914