Leases	6 Months Ended
Jun. 30, 2026
Leases [Abstract]
Leases	Note 13. Leases BTI leases office space for its corporate headquarters at 555 Long Wharf Drive, New Haven, Connecticut (the “HQ Lease”) under an operating lease that was set to expire in February 2026. The Company did not exercise the option to renew the HQ Lease for an additional five-year term. Prior to the expiration of the HQ Lease, on February 17, 2026, the Company agreed to amend the HQ lease agreement. The amendment extends the lease on a month-to-month basis with a continued monthly base rent payment of $33. As the lease is now on a month-to-month basis, the Company has accounted for the arrangement as a short-term lease and no right-of-use asset or lease liability has been recorded. Lease expense was $101 and $101 for the three months ended June 30, 2026 and 2025, respectively, and $204 and $202 for the six months ended June 30, 2026 and 2025, respectively.

Leases

6 Months Ended

Jun. 30, 2026

Note 13. Leases

BTI leases office space for its corporate headquarters at 555 Long Wharf Drive, New Haven, Connecticut (the “HQ Lease”) under an operating lease that was set to expire in February 2026. The Company did not exercise the option to renew the HQ Lease for an additional five-year term.

Prior to the expiration of the HQ Lease, on February 17, 2026, the Company agreed to amend the HQ lease agreement. The amendment extends the lease on a month-to-month basis with a continued monthly base rent payment of $33. As the lease is now on a month-to-month basis, the Company has accounted for the arrangement as a short-term lease and no right-of-use asset or lease liability has been recorded.

Lease expense was $101 and $101 for the three months ended June 30, 2026 and 2025, respectively, and $204 and $202 for the six months ended June 30, 2026 and 2025, respectively.