Note 3 - Prepaid Expenses and Other Current Assets

6 Months Ended

Jun. 30, 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 June 30, 2026 and December 31, 2025 consisted of the following (in thousands):

		*June 30,*				*December 31,*
		*2026*				*2025*
Prepaid insurance		$	14			$	493
Contract research organization and other deposits			830				1,530
Interest receivable			—				120
Other			198				64
Total prepaid expenses and other current assets		$	1,042			$	2,207

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