v3.26.1
Lease Commitments (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Future Minimum Lease Payments Under Operating Leases

As of June 30, 2026, the future minimum annual lease payments under the operating leases were as follows (in thousands):

Year ending December 31:

 

 

 

2026

 

$

332

 

2027

 

 

719

 

2028

 

 

736

 

2029

 

 

753

 

2030

 

 

702

 

Thereafter

 

 

100

 

Total minimum lease payments

 

 

3,342

 

Less: amount representing interest

 

 

(817

)

Present value of operating lease liabilities

 

 

2,525

 

Less: operating lease liabilities, current

 

 

(670

)

Operating lease liabilities, non-current

 

$

1,855

 

 

 

 

 

Weighted-average remaining lease term (in years)

 

 

4.49

 

Weighted-average incremental borrowing rate

 

 

13.83

%