v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Condensed Consolidated Balance Sheet of Operating Leases

The following table summarizes the presentation in the Company’s consolidated balance sheet of its operating leases:

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

Assets

 

 

 

 

 

 

Operating lease right-of-use assets

 

$

5,181

 

 

$

1,771

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

Operating lease right-of-use liabilities, current

 

$

1,259

 

 

$

1,518

 

Operating lease right-of-use liabilities, net of current portion

 

 

4,698

 

 

 

463

 

Total operating lease liabilities

 

$

5,957

 

 

$

1,981

 

 

Summary of Future Minimum Lease Payments Future minimum lease payments under non-cancelable leases as of December 31, 2025, were as detailed below (in thousands):

 

 

 

As of
December 31, 2025

 

2026

 

$

1,850

 

2027

 

 

1,408

 

2028

 

 

1,444

 

2029

 

 

1,480

 

2030

 

 

1,516

 

Total undiscounted lease payments

 

 

7,698

 

Less: imputed interest

 

 

(1,741

)

Total operating lease liabilities

 

$

5,957