v3.25.3
DEFINED CONTRIBUTION PENSION
9 Months Ended
Sep. 30, 2025
DEFINED CONTRIBUTION PENSION  
DEFINED CONTRIBUTION PENSION

11.  DEFINED CONTRIBUTION PENSION

The Company operates a defined contribution pension scheme for its UK employees. The assets of the scheme are 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:

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

(in thousands)

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2025

    

2024

    

2025

    

2024

Research and development

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$

49

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$

23

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$

107

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$

64

General and administration

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15

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19

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53

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55

Total

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$

64

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$

42

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$

160

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$

119

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