7. RIGHT-OF-USE (“ROU”) ASSETS AND LEASE LIABILITIES

The Company has operating leases for its corporate offices, including its Palo Alto, California lease agreement which was extended by an amendment in December 2025 and now expires on April 30, 2027, and a warehouse lease agreement in Guilford, Connecticut which was extended by six months in June 2025 and expires on August 31, 2026. As of March 31, 2026 and December 31, 2025, the balance of operating lease ROU assets of $247 and $316, respectively, current lease liabilities of $229 and $248, respectively, and non-current lease liabilities of $17 and $66, respectively, are included in the Company's condensed consolidated balance sheets in other long term assets, accrued expenses, other current liabilities and other noncurrent liabilities, respectively.

The weighted-average remaining lease term associated with the measurement of the Company's operating lease obligations is 13 months and an annual weighted-average discount rate is 9.99%.

Future minimum commitments due under the lease agreements as of March 31, 2026 are $180 for 2026 and $66 thereafter.