v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Operating Lease and Sublease
The following tables summarize the details and balances associated with the Company’s operating lease balances and lease cost, including sublease income:
June 30, 2026December 31, 2025
(in thousands)
Lease Balances:
Operating lease right-of-use assets$1,471 $1,748 
Operating lease liabilities(1,785)(2,117)
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Lease Cost:
Operating lease cost $164 $164 $328 $328 
Sublease income(188)(187)(376)(375)
Net lease (income)$(24)$(23)$(48)$(47)
June 30, 2026December 31, 2025
Weighted-average remaining lease term — operating leases2.42 years2.92 years
Weighted-average discount rate — operating leases5.25 %5.25 %
Schedule of Future Minimum Lease Payments
Future minimum lease payments under the operating lease as of June 30, 2026 are expected to be as follows:
Future Minimum Lease PaymentsJune 30, 2026
(in thousands)
2026$382 
2027783 
2028732 
2029— 
2030— 
Thereafter— 
Total lease payments 1,897 
Less: imputed interest (112)
Present value of lease liabilities$1,785