v3.26.1
Prepaid Expenses and Other Current Assets (Tables)
6 Months Ended
Jun. 30, 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):

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Interest receivable

 

 

$

2,849

 

 

 

$

3,137

 

Prepaid G&A related costs

 

 

 

2,089

 

 

 

 

501

 

Prepaid clinical development costs

 

 

 

1,949

 

 

 

 

3,190

 

Prepaid insurance

 

 

 

1,392

 

 

 

 

1,049

 

Value added tax receivable

 

 

 

321

 

 

 

 

1,297

 

Other prepaid and current assets¹

 

 

 

206

 

 

 

 

841

 

Total

 

$

 

8,806

 

 

$

 

10,015

 

 

 

 

 

 

 

 

 

 

¹ Other current assets as of December 31, 2025 included a $0.5 million tax refund receivable from the Australian Taxation Office related to the 2025 calendar year, which was received in February 2026.