Leases |
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases | Leases On January 8, 2019, the Company entered into a ten-year non-cancelable operating lease agreement, expiring on August 31, 2030, for office space located at 11 Dupont Circle NW, Washington, DC 20036. The lease includes one option to renew, but the renewal is not deemed to be reasonably assured as of June 30, 2026. Our lease agreement does not contain any material residual value guarantees or material restrictive covenants. Operating lease expense was $0.2 million for the three months ended June 30, 2026 and 2025 and $0.4 million for the six months ended June 30, 2026 and 2025, respectively. As of June 30, 2026, our lease had a remaining lease term of 4.2 years and a discount rate of 7.5%. Future lease payments as of June 30, 2026 were as follows (in thousands):
Other information related to our lease for the three and six months ended June 30, 2026 and 2025 is as follows (in thousands):
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