v3.26.1
Property and Equipment and Leases (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment as of December 31, 2025 and 2024 consisted of the following (in thousands):
 
 December 31,
 20252024
Furniture and equipment$104 $248 
Computers and software34 34 
Right-of-use assets336 741 
Leasehold improvements239 896 
Total property and equipment713 1,919 
Less accumulated depreciation(253)(710)
Property and equipment, net$460 $1,209 
Schedule of Assets and Liabilities Lessee
Supplemental balance sheet information related to the leased properties include (in thousands):
 As of December 31,
 20252024
Right-of-use assets$336 $741 
Accrued expenses and other current liabilities$392 $568 
Other long-term liabilities35 350 
Total operating lease liabilities$427 $918 
Schedule of Components of Lease Expense
The components of lease expense for the years ended December 31, 2025 and 2024 were as follows (in thousands):
 Year Ended December 31,
20252024
Operating lease cost*$477 $456 
*Includes short-term leases, which are immaterial.
Schedule of Operating Lease Maturities
The following table shows a maturity analysis of the operating lease liability as of December 31, 2025 (in thousands):
 
 Undiscounted Cash Flows
2026392 
202763 
Total lease payments$455 
Less implied interest (28)
Total$427