Quarterly report [Sections 13 or 15(d)]

Accounts Payable and Accrued Expenses (Tables)

v3.26.3
Accounts Payable and Accrued Expenses (Tables)
9 Months Ended
Sep. 30, 2026
Accounts Payable and Accrued Expenses  
Schedule of Accounts Payable and Accrued Expenses

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​

​

​

​

​

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September 30, 

​

December 31, 

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($ in thousands)

​

2026

  ​ ​ ​

2025

​

Accounts payable

​

$

3,122

​

$

3,510

​

Accrued research and development

​

​

309

​

​

250

​

Accrued compensation

​

​

429

​

​

24

​

Other(1)

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​

1,556

​

​

1,627

​

Total accounts payable and accrued expenses

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$

5,416

​

$

5,411

​

​

(1) Includes approximately $1.4 million of accrued consideration, including approximately $81,000 of accrued interest, related to the repurchase of assets from uBriGene (Boston) Biosciences, Inc. (“uBriGene”) in 2024. The asset repurchase consisted of purchase consideration of an upfront payment of $0.1 million, and a deferred amount of approximately $1.3 million due twelve months after closing; however, the Company can elect to delay its payment obligation for the deferred amount for additional 6-month periods, upon written notice to uBriGene, if the Company’s net assets are below $20 million. Additionally, beginning in June 2025, the deferred amount began accruing interest at a rate of 5% per annum. In June 2026, the Company’s net assets were below $20 million, and it elected to delay the payment.