Quarterly report [Sections 13 or 15(d)]

Prepaid Expenses and Other Current Assets

v3.25.3
Prepaid Expenses and Other Current Assets
 9 Months Ended
Sep. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets
7. Prepaid Expenses and Other Current Assets
The components of prepaid expenses and other current assets were as follows:
September 30, December 31,
2025 2024
(in thousands)
Insurance recoveries $ 7,573  $ — 
Prepaid expenses 5,415  3,981 
Other current assets 453  375 
Total prepaid expenses and other current assets $ 13,441  $ 4,356 
The Company recognized a current asset for expected insurance recoveries as of September 30, 2025 related to a contingent liability for an ongoing claim for which the loss is expected to be within insurance limits.