6.
Balance Sheet Details
Prepaid
expenses and other current assets consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):
Schedule
of Balance Sheet Details
| | |
As
of
June 30, 2026 | | |
As
of
December 31, 2025 | |
| Prepaid expenses | |
$ | 436 | | |
$ | 833 | |
| Tax receivable | |
| 167 | | |
| - | |
| Prepaid directors’ and officers’ insurance | |
| 552 | | |
| 990 | |
| Total prepaid expenses and other current assets | |
$ | 1,155 | | |
$ | 1,823 | |
Accrued
expenses and other current liabilities consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):
Schedule
of Accrued Expenses and Other Current Liabilities
| | |
As of June 30, 2026 | | |
As of December 31, 2025 | |
| Accrued professional fees | |
$ | 125 | | |
$ | 388 | |
| Accrued legal contingency | |
| 9,642 | | |
| 9,594 | |
| HMRC payable | |
| 360 | | |
| 136 | |
| Investment payable | |
| 8,000 | | |
| - | |
| Accrued board of directors’ fees, year to date | |
| 206 | | |
| - | |
| Accrued other | |
| 111 | | |
| 14 | |
| Total accrued expenses and other current liabilities | |
$ | 18,444 | | |
$ | 10,132 | |
|