The Company leases space under operating leases for administrative offices in New York, New York, and Waltham, Massachusetts and wet laboratory space in Watertown, Massachusetts.

The following table provides a summary of the components of lease costs and rent:


	Year Ended December 31,
	2024		2023
Operating lease cost	$	422	$	366
Variable lease cost		32		28
Total operating lease costs	$	454	$	394

Cash paid for amounts included in the measurement of operating lease liabilities was $0.4 million for each of the years ended December 31, 2024 and 2023.

The Company recorded operating lease costs of $0.4 million within the general and administrative expenses line item in the consolidated statements of operations and comprehensive loss during each of the years ended December 31, 2024 and 2023. The Company recorded operating lease costs of $58 thousand and $17 thousand within the research and development expenses line item in the consolidated statements of operations and comprehensive loss during the years ended December 31, 2024 and 2023, respectively.

Maturities of operating lease liabilities, which do not include short-term leases, as of December 31, 2024, are as follows:


2025		322
2026		268
2027		314
2028		318
2029		321
Thereafter		379
Total undiscounted operating lease payments	$	1,922
Less: imputed interest		(431	)
Present value of operating lease liabilities	$	1,491

Balance sheet classification:
Current portion of lease liabilities	$	320
Long-term lease liabilities		1,171
Total operating lease liabilities	$	1,491