v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

The Company’s right-of-use (“ROU”) asset relates to its leased corporate offices and warehouse in Sunnyvale, CA. Supplemental balance sheet information related to leases was as follows (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Operating Lease

 

 

 

 

 

 

Operating lease right-of-use asset

 

$

1,516

 

 

$

2,296

 

 

 

 

 

 

 

 

Operating lease liability, current

 

 

1,218

 

 

 

1,105

 

Operating lease liability, long-term

 

 

432

 

 

 

1,360

 

Total operating lease liabilities

 

$

1,650

 

 

$

2,465

 

Weighted average remaining lease term (years)

 

 

1.3

 

 

 

2.1

 

Weighted average discount rate

 

 

8.00

%

 

 

8.00

%

Summary Of Total Lease Expense And Other Information

A summary of total lease expense and other information for the periods relating to the Company’s operating leases was as follows (in thousands):

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease expense

 

$

305

 

 

$

282

 

 

$

916

 

 

$

844

 

Variable lease expense

 

 

103

 

 

 

73

 

 

 

303

 

 

 

242

 

Total lease expense

 

$

408

 

 

$

355

 

 

$

1,219

 

 

$

1,086

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total cash payments for amounts included in the measurement of lease liabilities

 

$

313

 

 

$

303

 

 

$

936

 

 

$

907

 

 

Schedule of the future minimum lease payments As of September 30, 2026, the future minimum lease payments under the non-cancelable operating lease are as follows (in thousands):

 

 

 

September 30,

 

Operating Leases:

 

2026

 

Remainder of 2026

 

$

319

 

2027

 

 

1,306

 

2028

 

 

109

 

Total undiscounted lease payments

 

 

1,734

 

Imputed interest

 

 

(84

)

Net Lease Liabilities

 

$

1,650