v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Lease Costs

The following table summarizes the effect of lease costs in the Company’s condensed consolidated statements of operations and comprehensive loss (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Operating lease costs

 

$

619

 

 

$

145

 

Variable lease costs

 

 

 

 

 

 

Total lease costs

 

$

619

 

 

$

145

 

Summary of Future Minimum Lease Payments under Operating Leases

The following table summarizes the future minimum lease payments due under operating leases as of March 31, 2026 (in thousands):

 

 

 

Total minimum
lease payments

 

Year Ending December 31,

 

 

 

2026

 

$

1,654

 

2027

 

 

2,220

 

2028

 

 

2,259

 

2029

 

 

2,299

 

2030

 

 

2,338

 

2031 and thereafter

 

 

4,387

 

Total lease payments

 

 

15,157

 

Less: interest

 

 

(4,687

)

Total lease liabilities

 

$

10,470