v3.25.1
Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease, Cost
Components of lease cost included in “Selling, general and administrative expenses” on the condensed consolidated statements of operations and comprehensive income (loss) are as follows:
Three Months Ended
March 31,
20252024
Operating lease cost$715 $413 
Short-term lease cost146 305 
Sublease income(169)(256)
Total lease cost$692 $462 
Supplemental cash flow information related to the lease is as follows:
Three Months Ended
March 31,
20252024
Cash paid for amounts included in the measurement of lease liabilities$775 $428 
Right-of-use assets obtained in exchange for lease liabilities:
New lease entered into during the period $622 $— 
Schedule of Assets And Liabilities, Lessee
Supplemental balance sheet information related to the lease is as follows:
March 31,
2025
December 31,
2024
Assets:
Right-of-use assets$3,039$3,053
Liabilities:
Accrued expenses and other current liabilities2,5142,370
Lease liability, long-term portion744963
Total operating lease liabilities$3,258$3,333
Weighted average remaining operating lease term (years)1.51.6
Weighted average operating lease discount rate8.91%9.14%
Schedule of Future Minimum Lease Commitments
The Company’s lease does not provide a readily determinable implicit discount rate. The Company estimates its incremental borrowing rate as the discount rate based on the information available at lease commencement. Future maturities of lease liabilities are as follows:
Remainder of 2025$2,018 
20261,147 
2027242 
202821 
Thereafter— 
Total lease payments$3,428 
Less: imputed interest(170)
Total lease liabilities$3,258 
Schedule of Future Non-Cancelable Rent Payments
Future non-cancelable rent payments from the Company's sublease tenant are as follows:
Remainder of 2025$548 
2026249 
Thereafter— 
$797