v3.25.2
Related Party Transactions
6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

Note 12. Related Party Transactions

In August 2024, a non-employee member of the Company’s Board of Directors entered into a consulting agreement with the Company, under which the board member would receive $250,000 per year for consulting services and receive 125,000 shares of restricted stock units with quarterly vesting through April 30, 2026. The Company paid $0.1 million and $0.2 million during the three and six months ended June 30, 2025, respectively, to the board member under the consulting agreement. As of June 30, 2025, the Company had no outstanding liability to the related party.

In September 2024 as part of the 2024 Restructuring, the Company entered into TC Agreements with two former employees. See Note 9 – Restructuring Charges for additional information. The Company paid $0.2 million and $0.4 million under the TC Agreements during the three and six months ended June 30, 2025, respectively. As of June 30, 2025, the Company had an outstanding liability of $0.7 million to the related parties.