PREPAID EXPENSES AND OTHER CURRENT ASSETS

9 Months Ended

Sep. 30, 2025

3. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following:


	September 30,		December 31,
(in thousands)	2025		2024
Prepaid insurance	$	234	$	194
Deferred research & development costs		148		138
Research grant receivable		55		62
Prepaid facility costs		148		67
VAT receivable		55		319
Prepaid software licenses		81		66
Advances and retainers		335		—
Other receivable and other prepaid expenses		23		3
Total prepaid expenses and other current assets	$	1,079	$	849