Accounts Payable and Accrued Expenses |
6 Months Ended |
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Jun. 30, 2025 | |
| Payables and Accruals [Abstract] | |
| Accounts Payable and Accrued Expenses |
Note 4. Accounts Payable and Accrued Expenses
Accounts payable and accrued expenses totaled $1.3 million as of June 30, 2025, compared to $1.4 million as of December 31, 2024. The decrease was primarily attributable to the timing of vendor payments and lower accrued external R&D and corporate services as of the period end.
These liabilities consist primarily of account payables to research and development partners, payroll and benefits accruals, and other general corporate obligations.
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