v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Lease Costs

The following table summarizes the effect of lease costs in the Company’s condensed consolidated statements of operations and comprehensive loss (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease costs

 

$

568

 

 

$

114

 

 

$

1,765

 

 

$

371

 

Variable lease costs

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total lease costs

 

$

568

 

 

$

114

 

 

$

1,765

 

 

$

371

 

Summary of Future Minimum Lease Payments under Operating Leases

The following table summarizes the future minimum lease payments due under operating leases as of September 30, 2026 (in thousands):

 

 

 

Total minimum
lease payments

 

Year Ending December 31,

 

 

 

2026

 

$

549

 

2027

 

 

2,220

 

2028

 

 

2,259

 

2029

 

 

2,299

 

2030

 

 

2,338

 

2031 and thereafter

 

 

4,387

 

Total lease payments

 

 

14,052

 

Less: interest

 

 

(4,081

)

Total lease liabilities

 

$

9,971