v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases  
Schedule of lease cost, weighted average remaining lease term and discount rates

Three Months Ended June 30, 

 

Six Months Ended June 30, 

    

Classification

    

2025

    

2024

 

2025

    

2024

Operating lease cost:

 

Fixed lease cost

 

Selling, general, and administrative

$

314

$

20

$

627

$

39

Fixed lease cost

 

Research and development

175

350

Finance lease cost:

 

  

 

 

 

 

Amortization of lease assets

 

Selling, general, and administrative

 

 

 

22

 

Amortization of lease assets

 

Research and development

 

 

22

 

 

44

Interest on lease liabilities

 

Interest expense

 

 

2

 

1

 

4

Total Lease Cost

$

314

$

219

$

650

$

437

The weighted average remaining lease term and discount rates as of June 30, 2025 were as follows:

Weighted average remaining lease term (years):

    

Operating leases

 

6.5

Weighted average discount rate:

 

  

Operating leases

 

15.2

%

Schedule of lease liability maturities

Lease liability maturities as of June 30, 2025, were as follows:

    

Year ending December 31:

Total

2025 (six months remaining)

$

688

2026

 

1,442

2027

 

1,643

2028

 

1,692

2029

 

1,743

Thereafter

 

3,644

Total minimum lease payments

 

10,852

Less: interest

 

(4,079)

Present value of lease liabilities

$

6,773