Leases (Tables)

6 Months Ended

Jun. 30, 2026

Leases [Abstract]

Schedule of Maturities of Lease Liabilities Under Operating and Finance Leases

We have no finance leases as of June 30, 2026. The maturities of lease liabilities under our operating leases as of June 30, 2026 were as follows:


		Operating Leases
Years Ending December 31,		(in thousands)
2026		$	937
2027			1,942
2028			2,000
2029			2,061
2030			2,122
Thereafter			3,981
Total lease payments		$	13,043
Less: amount representing interest			(3,164	)
Present value of lease liabilities		$	9,879

Balance as of June 30, 2026
Other current liabilities		$	1,097
Operating lease liabilities - long-term			8,782
Total		$	9,879

Components of Lease Cost

The components of lease cost were as follows:


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
		(in thousands)								(in thousands)
Operating lease cost:
Operating lease cost		$	196			$	651			$	391			$	4,398
Short-term lease cost			—				—				—				42
Total operating lease cost		$	196			$	651			$	391			$	4,440
Finance lease cost:
Amortization expense		$	—			$	—			$	—			$	240
Interest on lease liabilities			—				—				—				66
Total finance lease cost		$	—			$	—			$	—			$	306

Summary of Other Information Related to Leases

Other information related to leases was as follows:


		Six Months Ended June 30,
		2026				2025
		(in thousands, except lease term and discount rate)
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases		$	482			$	5,127
Operating cash flows for finance leases			—				66
Financing cash flows for finance leases			—				250

Decrease in operating lease liabilities upon derecognition		$	—			$	20,237
Decrease in finance lease liabilities upon derecognition			—				1,918

Weighted Average Remaining Lease Term
Operating leases			6.4				6.9
Weighted Average Discount Rate
Operating leases			8.8	%			9.6	%