v3.26.1
Prepaid Expenses and Other Current Assets
3 Months Ended
Mar. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets

3. PREPAID EXPENSES AND OTHER CURRENT ASSETS

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

 

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Prepaid research and development

 

$

1,187

 

 

$

3,026

 

Interest receivable

 

 

1,383

 

 

 

1,733

 

Australia research and development tax credit receivable

 

 

1,894

 

 

 

1,296

 

Prepaid other

 

 

1,272

 

 

 

1,192

 

Prepaid expenses and other current assets

 

$

5,736

 

 

$

7,247