Leases |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Leases | (10) Leases Cullinan has an operating lease for approximately 14,000 square feet of office space in a multi-tenant building in Cambridge, Massachusetts, which commenced in August 2022 and goes through July 2026. The Company also had an operating lease for approximately 8,000 square feet of office space in a multi-tenant building in Cambridge, Massachusetts, which commenced in and expired in . Lease expense consisted of operating lease costs of $0.3 million in each of the three months ended June 30, 2025 and 2024. Lease expense consisted of operating lease costs of $0.6 million in each of the six months ended June 30, 2025 and 2024. The following table summarizes supplemental cash flow information for the six months ended June 30, 2025 and 2024 (in thousands):
The following table summarizes the Company’s future minimum lease payments as of June 30, 2025 (in thousands):
The following table summarizes the weighted-average remaining lease term and discount rate as of June 30, 2025 and December 31, 2024:
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