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Prepaid Expenses, Other Current Assets and Other Noncurrent Assets
12 Months Ended
Dec. 31, 2024
Prepaid Expense and Other Assets, Current [Abstract]  
Prepaid Expenses, Other Current Assets and Other Noncurrent Assets

8. Prepaid Expenses, Other Current Assets and Other Noncurrent Assets

Prepaid expenses and other current assets consisted of the following as of (in thousands):

 

 

December 31,

 

 

 

2024

 

 

2023

 

Prepaid external research and development

 

$

2,076

 

 

$

1,834

 

Payroll tax credit

 

 

555

 

 

 

755

 

Prepaid expenses

 

 

885

 

 

 

427

 

Other

 

 

396

 

 

 

83

 

Total prepaid expenses and other current assets

 

$

3,912

 

 

$

3,099

 

 

Other noncurrent assets consisted of the following as of (in thousands):

 

 

December 31,

 

 

 

2024

 

 

2023

 

Deferred transaction costs

 

$

 

 

$

3,912

 

Prepaid external research and development - long term

 

 

116

 

 

 

676

 

Other

 

 

 

 

 

23

 

Total other noncurrent assets

 

$

116

 

 

$

4,611