Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2026

Commitments and Contingencies

Schedule of quantitative information about the company's operating leases

The following summarizes quantitative information about the Company’s operating leases (amount in thousands):


		For the six months ended
		June 30, 2026
		U.K			U.S			Total
Lease cost
Operating lease cost		$	329		$	106		$	435
Short-term lease cost			103			143			246
Variable lease cost			36			5			41
Total		$	468		$	254		$	722

Other information
Operating cash flows from operating leases		$	(385)		$	(143)		$	(178)
Weighted-average remaining lease term – operating leases			6.9			0.2			—
Weighted-average discount rate – operating leases			12	%		12	%		—


		For the six months ended
		June 30, 2025
		U.K			U.S			Total
Lease cost
Operating lease cost		$	318		$	105		$	423
Short-term lease cost			27			—			27
Variable lease cost			—			—			—
Sub-lease income			(73)			—			(73)
Total		$	272		$	105		$	377

Other information
Operating cash flows from operating leases		$	(303)		$	(92)		$	(395)
Weighted-average remaining lease term – operating leases			7.0			0.9			—
Weighted-average discount rate – operating leases			12	%		12	%		—

Schedule of maturities of our operating leases, excluding short-term leases and sublease agreement


Remaining periods in 2026		$	392
Year ended December 31, 2027			689
Year ended December 31, 2028			689
Year ended December 31, 2029			689
Year ended December 31, 2030			689
Thereafter			5,488
Total			8,636
Less present value discount			(4,168)
Operating lease liabilities included in the condensed consolidated balance sheet at June 30, 2026		$	4,468