SUPPLEMENTAL FINANCIAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Prepaid expenses and other assets as of March 31, 2025 and December 31, 2024 consisted of the following (in thousands):


	March 31, 2025
	Prepaid Expenses and Other Current Assets		Other Long-Term Assets		Total Prepaid Expenses and Other Assets
Research and development service agreements	$	4,363	$	56	$	4,419
Prepaid insurance	481		—		481
Other receivables	376		—		376
Dues and subscriptions	331		—		331
Right-of-use asset	—		236		236
Property and equipment, net (1)	—		137		137
Other	248		75		323
Total	$	5,799	$	504	$	6,303


	December 31, 2024
	Prepaid Expenses and Other Current Assets		Other Long-Term Assets		Total Prepaid Expenses and Other Assets
Research and development service agreements	$	4,841	$	75	$	4,916
Prepaid insurance	858		—		858
Other receivables	345		—		345
Dues and subscriptions	230		—		230
Right-of-use asset	—		266		266
Property and equipment, net (1)	—		73		73
Other	475		72		547
Total	$	6,749	$	486	$	7,235

(1) As of both March 31, 2025 and December 31, 2024, accumulated depreciation totaled approximately $0.1 million.

Accrued expenses and other liabilities as of March 31, 2025 and December 31, 2024 consisted of the following (in thousands):


	March 31, 2025
	Accrued Expenses and Other Current Liabilities		Other Long-Term Liabilities		Total Accrued Expenses and Other Liabilities
Research and development	$	5,033	$	—	$	5,033
Compensation and other employee liabilities	873		—		873
Interest	249		—		249
Operating lease liability	138		114		252
Other	418		—		418
Total	$	6,711	$	114	$	6,825


	December 31, 2024
	Accrued Expenses and Other Current Liabilities		Other Long-Term Liabilities		Total Accrued Expenses and Other Liabilities
Compensation and other employee liabilities	$	4,207	$	—	$	4,207
Research and development	1,796		—		1,796
Interest	249		—		249
Operating lease liability	133		150		283
Other	230		—		230
Total	$	6,615	$	150	$	6,765