v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease Costs

A summary of the components of lease costs for the Company under ASC 842 for the six months ended June 30, 2025 and June 30, 2024, respectively, is as follows:

 

   June 30, 
Lease costs  2025   2024 
Operating lease costs  $1,069   $1,069 
Variable lease costs   240    246 
Total lease costs  $1,309   $1,315 

 

Supplemental disclosure of cash flow information related to leases for the six months ended June 30, 2025 and June 30, 2024, respectively, is as follows:

 

   June 30, 
   2025   2024 
Cash paid for amounts included in the measurement of operating lease liabilities (operating cash flows)  $1,170   $1,134 
           

 

The weighted-average remaining lease term and discount rate were as follows:

 

   June 30, 
   2025   2024 
Weighted-average remaining lease term (in years)   

6.8

    8 
Weighted-average discount rate   8.74%   8.74%
Schedule of Operating Lease Liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of June 30, 2025:

 

Years Ended December 31,    
2025, excluding the six months ended June 30, 2025  $1,188 
2026   2,430 
2027   2,502 
2028   2,574 
2029   2,646 
Thereafter   6,210 
Total future minimum lease payments  $17,550 
Less imputed interest   (4,352)
Carrying value of lease liabilities  $13,198