Annual report [Section 13 and 15(d), not S-K Item 405]

PREPAID EXPENSES AND OTHER CURRENT ASSETS

v3.26.1
PREPAID EXPENSES AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2025
PREPAID EXPENSES AND OTHER CURRENT ASSETS  
PREPAID EXPENSES AND OTHER CURRENT ASSETS

4.PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following:

​

​

​

​

​

​

​

​

​

​

December 31, 

​

​

2025

  ​ ​ ​

2024

Upfront research payments

​

$

2,625,049

​

$

5,087,692

Accrued interest and other receivables

​

 

36,522

​

 

78,034

Insurance

​

 

238,000

​

 

335,976

License fees

​

 

62,059

​

 

38,255

Deferred financing costs

​

​

32,332

​

​

—

Other

​

 

38,150

​

 

47,281

Total prepaid expenses and other current assets

​

$

3,032,112

​

$

5,587,238

​