v3.25.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of right-of-use assets, lease liabilities and other information The Company’s right-of-use asset and lease liability are as follows (in thousands):
March 31,
2025
December 31,
2024
Right-of-use asset$3,855 $4,384 
Lease liability, current$1,960 $1,920 
Lease liability, non-current$9,959 $10,087 
Three months ended March 31,
20252024
Other information
Operating cash flows from operating leases$478$346
Weighted average remaining lease term (years)7.728.71
Weighted average discount rate7.5 %7.5 %
Schedule of lease cost
Three months ended March 31,
20252024
Lease Cost
Operating leases$813$359
Total lease cost$813$359
Schedule of maturities of minimum lease liabilities
Future annual minimum lease payments under operating leases as of March 31, 2025, were as follows (in thousands):
Remainder of 2025$1,469 
20261,979 
20272,003 
20282,029 
20292,055 
Thereafter5,992 
Total minimum lease payments$15,527 
Less: imputed interest(3,608)
Total lease liability$11,919