v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Weighted Average Lease Terms and Discount Rates

The weighted-average lease terms and discount rates are as follows:

 

 

As of June 30, 2026

 

 

As of December 31, 2025

 

Weighted-average remaining lease term

 

 

5.00

 

 

 

2.50

 

Weighted-average discount rate

 

 

7.92

%

 

 

8.63

%

Schedule of Aggregate Future minimum Lease Payments

The aggregate future minimum lease payments under this lease as of June 30, 2026, are as follows:

 

(in thousands)

 

 

 

Year ending December 31,

 

Payments

 

Remainder of 2026

 

$

551

 

2027

 

 

1,395

 

2028

 

 

1,656

 

2029

 

 

1,710

 

2030

 

 

1,778

 

Thereafter

 

 

912

 

Total undiscounted lease payments

 

$

8,002

 

Less: imputed interest

 

 

(1,467

)

Present value of future lease payments

 

$

6,535

 

Short-term operating lease liabilities

 

 

703

 

Long-term operating lease liabilities

 

 

5,832

 

Total operating lease liabilities

 

$

6,535