Selected Balance Sheet Information (Tables)

6 Months Ended

Jun. 30, 2026

Selected Balance Sheet Information

Schedule of prepaid expenses and other current assets

Prepaid expenses and other current assets (in thousands)

	June 30,		December 31,
	2026		2025
Prepaid insurance	$	233	$	350
Prepaid consulting, subscriptions and other expenses		217		213
VAT receivable		107		32
Prepaid clinical research organizations		63		—
Stock sales receivable		—		452
Other receivable		21		—
Prepaid manufacturing expenses		12		13
Total prepaid expenses and other current assets	$	653	$	1,060

Schedule of property and equipment, net

Property and equipment, net (in thousands)

	June 30,		December 31,
	2026		2025
Computers and office equipment	$	639	$	639
Other property, plant and equipment		431		444
Leasehold improvements		94		94
Software		11		11
		1,175		1,188
Less: accumulated depreciation and amortization		(1,002)		(966)
Total	$	173	$	222

Schedule of accrued expenses

Accrued expenses (in thousands)

	June 30,		December 31,
	2026		2025
Accrued milestones payments	$	5,000	$	5,000
Accrued clinical consulting services		832		842
Accrued manufacturing costs		332		257
Accrued vendor payments		254		177
Total accrued expenses	$	6,418	$	6,276

Schedule of accrued employee benefits

Accrued employee benefits (in thousands)

	June 30,		December 31,
	2026		2025
Accrued compensation expense	$	208	$	153
Accrued vacation expense		82		43
Accrued bonus expense		—		247
Total	$	290	$	443