v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

The Company’s ROU asset relates to its leased corporate offices and warehouse in Sunnyvale, CA. Supplemental balance sheet information related to leases was as follows (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Operating Lease

 

 

 

 

 

 

Operating lease right-of-use asset

 

$

2,041

 

 

$

2,296

 

 

 

 

 

 

 

 

Operating lease liability, current

 

 

1,141

 

 

 

1,105

 

Operating lease liability, long-term

 

 

1,058

 

 

 

1,360

 

Total operating lease liabilities

 

$

2,199

 

 

$

2,465

 

Weighted average remaining lease term (years)

 

 

1.8

 

 

 

2.1

 

Weighted average remaining discount rate

 

 

8.00

%

 

 

8.00

%
Summary Of Total Lease Expense And Other Information

A summary of total lease expense and other information for the periods relating to the Company’s operating leases was as follows (in thousands):

 

 

 

Three months ended March 31,

 

 

 

2026

 

 

2025

 

Operating lease expense

 

$

306

 

 

$

281

 

Variable lease expense

 

 

101

 

 

 

98

 

Total lease expense

 

$

407

 

 

$

379

 

 

 

 

 

 

 

 

Total cash payments for amounts included in the measurement of lease liabilities

 

$

311

 

 

$

302

 

 
Schedule of the future minimum lease payments As of March 31, 2026, the future minimum lease payments under the non-cancelable operating lease are as follows (in thousands):

 

 

 

March 31,

 

Operating Leases:

 

2026

 

Remainder of 2026

 

$

943

 

2027

 

 

1,306

 

2028

 

 

109

 

Total undiscounted lease payments

 

 

2,358

 

Imputed interest

 

 

(159

)

Net Lease Liabilities

 

$

2,199