8. Leases

The Company has one operating lease pertaining to 5,969 square feet of corporate office space in Sugar Land, Texas pursuant to a lease agreement that commenced April 1, 2022. As of December 31, 2025, the remaining term of lease was 1.58 years. The lease requires monthly lease payments that are subject to annual increases throughout the lease term.

The components of lease costs, which are included within general and administrative expenses in the Company’s consolidated statements of operations and comprehensive loss were as follows (in thousands):

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Supplemental disclosure of cash flow information related to the lease were as follows (in thousands):

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

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As of December 31, 2025, the maturities of the Company’s operating lease liabilities were as follows (in thousands):

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