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Research and Development Activity (Tables) | 9 Months Ended
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Sep. 30, 2025
Research and Development Activity [Abstract] |
Schedule of Milestone Payments | In consideration for the patent rights, the Company agreed to the following milestone payments:
(in thousands) |  |  |
Each Phase I initiation |  | $ | 25 |
Each Phase II initiation |  | $ | 250 |
Each Phase III initiation |  | $ | 350 |
Each NDA/EMA filing |  | $ | 1,000 |
Each NDA/EMA awarded |  | $ | 9,000 |
Schedule of PITT Agreement Licensee is Required to make Milestone Payments | Moreover, under the PITT Agreement the Licensee is required to make milestone payments as follows:
(in thousands) |  |  |
Each Phase I initiation |  | $ | 50 |
Each Phase III initiation |  | $ | 500 |
First commercial sale of product making use of licensed technology |  | $ | 1,250 |

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