Commitments and Contingencies (Tables)
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6 Months Ended |
12 Months Ended |
Jun. 30, 2025 |
Dec. 31, 2024 |
| Commitments and Contingencies Disclosure [Abstract] |
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| Schedule of Lease Costs |
The elements of the Company’s lease costs were as follows (in thousands): | | | | | | | | | Six Months Ended June 30, | | | 2025 | | 2024 | Operating lease cost | | $ | 1,512 | | $ | 3,154 | Finance lease cost: | | | | | | | Amortization of lease assets | | | 439 | | | 1,008 | Interest on lease liabilities | | | 31 | | | 159 | Total finance lease cost | | | 470 | | | 1,167 | Variable lease cost | | | 209 | | | 672 | | | | | | | | Total lease cost | | $ | 2,191 | | $ | 4,993 |
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The elements of the lease costs were as follows (in thousands): | | | | | | | | | Years Ended December 31, | | | 2024 | | 2023 | Operating lease cost | | $ | 5,245 | | $ | 5,774 | Finance lease cost: | | | | | | | Amortization of lease assets | | | 1,584 | | | 1,187 | Interest on lease liabilities | | | 217 | | | 139 | Total finance lease cost | | | 1,801 | | | 1,326 | Variable lease cost | | | 1,071 | | | 1,733 | Short term lease cost | | | 671 | | | — | Total lease cost | | $ | 8,788 | | $ | 8,833 |
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| Schedule of Lease Term and Discount Rate Information |
Lease term and discount rate information related to leases was as follows: | | | | | | | | June 30, | | | | 2025 | | 2024 | | Weighted-average remaining lease term (in years) | | | | | | Operating leases | | 2.5 | | 2.5 | | Finance leases | | 0.3 | | 1.4 | | Weighted-average discount rate | | | | | | Operating leases | | 10.0 | % | 9.8 | % | Finance leases | | 9.0 | % | 9.0 | % |
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Lease term and discount rate information related to leases was as follows: | | | | | | | | December 31, | | | | 2024 | | 2023 | | Weighted-average remaining lease term (in years) | | | | | | Operating leases | | 2.7 | | 2.6 | | Finance leases | | 0.8 | | 1.5 | | Weighted-average discount rate | | | | | | Operating leases | | 9.9 | % | 9.8 | % | Finance leases | | 9.0 | % | 9.0 | % |
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| Schedule of Supplemental Cash Flow Information |
Supplemental cash flow information was as follows (in thousands): | | | | | | | | | Six Months Ended June 30, | | | 2025 | | 2024 | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | Operating cash used in operating leases | | $ | 927 | | $ | 3,203 | Operating cash used in finance leases | | $ | 31 | | $ | 159 | Financing cash used in finance leases | | $ | 576 | | $ | 906 |
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Supplemental cash flow information was as follows (in thousands): | | | | | | | | | Years Ended | | | December 31, | | | 2024 | | 2023 | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | Operating cash used in operating leases | | $ | 5,807 | | $ | 5,764 | Operating cash used in finance leases | | $ | 217 | | $ | 139 | Financing cash used in finance leases | | $ | 1,429 | | $ | 1,301 |
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| Schedule of Future Maturities of Lease Liabilities |
Future maturities of lease liabilities were as follows as of June 30, 2025 (in thousands): | | | | | | | | | Operating | | Finance | | | Leases | | Leases | Fiscal year ending: | | | | | | | 2025 (remaining six months) | | $ | 671 | | $ | 336 | 2026 | | | 226 | | | 20 | 2027 | | | 233 | | | — | 2028 | | | 240 | | | — | 2029 | | | 184 | | | — | | | | | | | | Total future minimum payments | | | 1,554 | | | 356 | Less imputed interest | | | (203) | | | (7) | Present value of lease liabilities | | $ | 1,351 | | $ | 349 |
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Future maturities of lease liabilities were as follows as of December 31, 2024 (in thousands): | | | | | | | | | Operating | | Finance | | | Leases | | Leases | Fiscal year ending: | | | | | | | 2025 | | $ | 927 | | $ | 942 | 2026 | | | 225 | | | 21 | 2027 | | | 233 | | | — | 2028 | | | 240 | | | — | 2029 | | | 184 | | | — | Thereafter | | | — | | | — | Total future minimum payments | | | 1,809 | | | 963 | Less imputed interest | | | (253) | | | (38) | Present value of lease liabilities | | $ | 1,556 | | $ | 925 |
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