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DEFINED CONTRIBUTION PENSION
6 Months Ended
Jun. 30, 2026
DEFINED CONTRIBUTION PENSION  
DEFINED CONTRIBUTION PENSION

15.  DEFINED CONTRIBUTION PENSION

Until the deconsolidation of SmartKem Limited, the Company operated a defined contribution pension scheme for its UK employees. The assets of the scheme were held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund. Pension cost is included in the unaudited interim condensed consolidated statements of operations as follows:

Three Months Ended June 30, 

Six Months Ended June 30, 

(in thousands)

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

$

14

$

37

$

34

$

58

General and administration

 

20

 

18

 

42

 

38

Total

$

34

$

55

$

76

$

96