Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2026

Commitments and Contingencies

Schedule of quantitative information about the company's operating leases

The following summarizes quantitative information about the Company’s operating leases (amount in thousands):


		For the three months ended
		March 31, 2026
		U.K			U.S			Total
Lease cost
Operating lease cost		$	165		$	53		$	218
Short-term lease cost			51			73			124
Variable lease cost			20			1			21
Total		$	236		$	126		$	361

Other information
Operating cash flows from operating leases		$	(210)		$	(71)		$	(281)
Weighted-average remaining lease term – operating leases			6.9			0.4			—
Weighted-average discount rate – operating leases			12	%		12	%		—


		For the three months ended
		March 31, 2025
		U.K			U.S			Total
Lease cost
Operating lease cost		$	154		$	53		$	207
Short-term lease cost			13			—			13
Variable lease cost			—			—			—
Sub-lease income			(36)			—			(36)
Total		$	131		$	53		$	184

Other information
Operating cash flows from operating leases		$	(164)		$	(23)		$	(187)
Weighted-average remaining lease term – operating leases			7.2			1.1			—
Weighted-average discount rate – operating leases			12	%		12	%		—

Schedule of maturities of our operating leases, excluding short-term leases and sublease agreement


Remaining periods in 2026		$	634
Year ended December 31, 2027			687
Year ended December 31, 2028			687
Year ended December 31, 2029			687
Year ended December 31, 2030			687
Thereafter			5,477
Total			8,859
Less present value discount			(4,294)
Operating lease liabilities included in the condensed consolidated balance sheet at March 31, 2026		$	4,565