SUPPLEMENTAL FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 2026

Prepaid expenses and other assets as of June 30, 2026 and December 31, 2025 consisted of the following (in thousands):


	June 30, 2026
	Prepaid Expenses and Other Current Assets		Other Assets, Long-Term		Total Prepaid Expenses and Other Assets
Research and development service agreements	$	3,763	$	24	$	3,787
Other receivables	1,005		—		1,005
Dues and subscriptions	246		—		246
Prepaid insurance	128		—		128
Property and equipment, net (1)	—		80		80
Right-of-use asset	—		72		72
Other	174		87		261
Total	$	5,316	$	263	$	5,579


	December 31, 2025
	Prepaid Expenses and Other Current Assets		Other Assets, Long-Term		Total Prepaid Expenses and Other Assets
Research and development service agreements	$	3,527	$	29	$	3,556
Other receivables	625		—		625
Prepaid insurance	601		—		601
Dues and subscriptions	368		—		368
Right-of-use asset	—		140		140
Property and equipment, net (1)	—		103		103
Other	266		78		344
Total	$	5,387	$	350	$	5,737

(1) As of June 30, 2026 and December 31, 2025, accumulated depreciation totaled approximately $0.1 million and $0.2 million, respectively.

Accrued expenses and other current liabilities as of June 30, 2026 consisted of the following (in thousands):



	Accrued Expenses and Other Current Liabilities
Research and development	4,638
Compensation and other employee liabilities	$	2,409
Interest	241
Operating lease liability	77
Other	168
Total	$	7,533

Accrued expenses and other current liabilities as of December 31, 2025 consisted of the following (in thousands):



	Accrued Expenses and Other Current Liabilities
Research and development	$	5,427
Compensation and other employee liabilities	4,066
Interest	249
Operating lease liability	150
Other	180
Total	$	10,072