Leases (Tables)

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Summary of Lease Expense

The elements of lease expense were as follows:


		Three Months Ended March 31,
(in thousands)		2026				2025
Operating lease cost		$	158			$	1,951
Variable lease cost			59				711
Total lease cost		$	217			$	2,662

Summary of Amounts Reported in Condensed Consolidated Balance Sheets and Weighted-average Lease Term and Discount rate Information

Amounts reported in the condensed consolidated balance sheets and the weighted-average lease term and discount rate information were as follows:


(in thousands except weighted-average amounts)		March 31, 2026					December 31, 2025
Assets
Operating lease right-of-use assets		$		2,827			$		2,936
Liabilities
Operating lease liabilities, current		$		307			$		280
Operating lease liabilities, non-current				2,632					2,720
Total lease liabilities		$		2,939			$		3,000
Weighted-Average Lease Term and Discount Rate
Weighted-average remaining lease term (years)				5.4				5.7
Weighted-average discount rate				6.7	%				6.7	%

Summary of Other Lease Activity

The following table represents other lease activity:


		Three Months Ended March 31,
(in thousands)		2026				2025
Other Information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases		$	110			$	1,688