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

Supplemental lease cost information are as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2026

 

 

2025

 

Operating lease cost

 

$

102

 

 

$

25

 

Short-term lease cost

 

$

6

 

 

$

10

 

Variable lease cost

 

$

16

 

 

$

11

 

Total lease cost

 

$

124

 

 

$

46

 

Schedule of Operating Lease Balance Within Balance Sheet

The following table presents the lease balances within the balance sheet (in thousands):

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Operating Leases:

 

 

 

 

 

 

Right-of-use asset

 

$

1,001

 

 

$

1,068

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

$

358

 

 

$

358

 

Operating lease liabilities, non-current

 

 

870

 

 

 

948

 

Total operating lease liabilities

 

$

1,228

 

 

$

1,306

 

Summary of Undiscounted Future Minimum Lease Payments

The following table presents undiscounted future minimum lease payments as of March 31, 2026, which reconcile to the total lease liability as follows (in thousands):

 

Years Ending December 31

 

 

 

2026, remaining months

 

$

341

 

2027

 

 

467

 

2028

 

 

387

 

2029

 

 

206

 

2030

 

 

70

 

Total undiscounted future minimum lease payments

 

 

1,471

 

Less: Amounts representing interest

 

 

(243

)

Total lease liabilities

 

$

1,228

 

Schedule of Weighted Average Lease Terms and Discounts Rates

The weighted average lease terms and discounts rates are as follows:

 

Operating Lease Term and Discount Rate

 

March 31, 2026

 

December 31, 2025

Weighted-average remaining lease term

 

3.28 years

 

3.54 years

Weighted-average discount rate

 

10.82%

 

10.82%

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

Cash paid for amounts included in the measurement of lease liabilities:

 

2026

 

 

2025

 

Operating cash flow from operating leases

 

$

112

 

 

$

25