We had operating leases with terms greater than 12 months for office space in four multi-tenant facilities, which are recorded as Operating lease right-of-use assets and Operating lease liabilities.

For the three and six months ended June 30, 2025 and 2024, the Company’s lease cost consists of the following components, each of which is included in operating expenses within the Company’s condensed consolidated statements of operations:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Operating lease cost	$	60	$	62	$	122	$	124
Short-term lease cost	—		—		—		1
Total lease cost	$	60	$	62	$	122	$	125

The table below presents the future minimum lease payments to be made under operating leases in each of the remainder of the current and next three fiscal years:


As of June 30, 2025

2025 (remainder)			$	115
2026			213
2027			169
2028			106


Total	—		603
Less: discount	—		55
Total lease liabilities	$	—	$	548

The weighted average remaining lease term at June 30, 2025 for the operating leases is 2.81 years, and the weighted average discount rate used in calculating the operating lease asset and liability is 6.91%. Cash paid for amounts included in the measurement of lease liabilities was $100 and $109 for the six months ended June 30, 2025 and 2024, respectively. For the six months ended June 30, 2025 and 2024, payments on lease obligations were $114 and $127, respectively, and amortization on the right of use assets was $122 and $113, respectively.