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Prepayments and Other Current Assets
12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepayments and Other Current Assets Prepayments and Other Current Assets
Prepayments and other current assets are summarized as follows:
As of December 31,
20252024
Prepaid expense$1,102 $2,078 
Prepaid supplies626 62 
Refundable income and franchise taxes– 149 
Employee retention credits1,294 2,468 
Total prepayments and other current assets$3,022 $4,757 
Under the provisions of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and the subsequent extensions of the CARES Act, the Company was eligible for a refundable employee retention credit subject to certain criteria. The Company determined that it qualifies for the tax credit under the CARES Act. In connection with the CARES Act, the Company adopted a policy to recognize the employee retention credit when earned and to offset the credit against the related expenditure. As of the years ended December 31, 2025 and 2024, the Company has employee retention credits of $1,294 and $2,468, respectively, recorded in prepaid expenses and other current assets on the consolidated balance sheets for the respective periods.