v3.25.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease, Cost
Total lease cost includes the following components:
Three Months Ended March 31,
20252024
(in thousands)
Operating lease expense cost$518 $313 
Sublease income
(78)(78)
Total lease cost, net of sublease income$440 $235 
Three Months Ended March 31,
20252024
Cash paid for amounts included in the measurement of lease liabilities(in thousands)
Operating cash outflows from operating lease expenses
$517 $306 
Operating cash inflows from sublease
(83)(80)
Operating cash outflows from operating leases, net of sublease income$434 $226 
ROU assets obtained in exchange for new lease liabilities
Operating leases$— $734 
Schedule of Lessee, Assets and Liabilities
March 31,
2025		December 31,
2024
Supplemental balance sheet information
(in thousands)
Operating lease right-of-use assets$5,192 $5,561 
Operating lease liabilities - short-term$1,558 $1,514 
Operating lease liabilities - long-term3,803 4,203 
Total operating lease liabilities$5,361 $5,717 
Weighted-average remaining lease term (years)
Operating leases3.23.4
Weighted-average discount rate (%)
Operating leases11.1 %11.1 %
Schedule of Lessee, Operating Lease, Liability, Maturity Maturities of lease liabilities as of March 31, 2025 were as follows:
Years Ending December 31,
Operating Leases
(in thousands)
2025 (remaining)
$1,532 
2026
1,938 
20271,659 
2028837 
2029433 
Thereafter100 
Total future minimum lease payments6,499 
Less: Amount of lease payments representing interest(1,138)
Present value of future minimum lease payments$5,361 
Schedule of Lessor, Operating Lease, Payment to be Received, Maturity
The undiscounted future cash receipts from the Company’s sublease as of March 31, 2025 were as follows:
Years Ending December 31,
Sublease
(in thousands)
2025 (remaining)
$249 
2026
343 
2027355 
2028368 
2029315 
Thereafter— 
Total undiscounted future sublease cash receipts
$1,630