v3.25.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Balance Sheet Information Related to Leases
The following table provides balance sheet information related to leases as of September 30, 2025 (amounts in thousands):
September 30, 2025
Assets:
Operating lease, right-of-use asset$10,295 
Liabilities:
Current portion of operating lease liabilities$684 
Operating lease liabilities, net of current portion7,759 
Total operating lease liabilities$8,443 
Schedule of Lease, Cost The following table summarizes supplemental information related to leases as of September 30, 2025:
September 30, 2025
Weighted-average remaining lease term7.3 years
Weighted-average discount rate11.97 %
The components of the Company’s lease costs are classified on its consolidated statements of operations as follows (amounts in thousands):
Nine Months Ended
September 30, 2025
Nine Months Ended
September 30, 2024
Operating lease cost$1,498 $1,498 
Variable lease cost78 11 
Short term lease cost18 4 
Sublease income
(263)(263)
Total operating lease cost$1,331 $1,250 
Schedule of Lessee, Operating Lease, Liability, Maturity
Future lease payments and sublease income under non-cancelable operating leases as of September 30, 2025 were as follows (amounts in thousands):

Operating LeasesSublease Income
Year ending:
2025$408 $89 
20261,667 362 
20271,700 370 
20281,734 345 
20291,769 — 
Thereafter5,521 — 
Total$12,799 $1,166 
Less: Imputed interest
(4,356)
Present value of lease liabilities$8,443 
Less: current portion(684)
Lease liabilities, net of current portion$7,759 
Schedule of Lessor, Operating Lease, Liability, Maturity
Future lease payments and sublease income under non-cancelable operating leases as of September 30, 2025 were as follows (amounts in thousands):

Operating LeasesSublease Income
Year ending:
2025$408 $89 
20261,667 362 
20271,700 370 
20281,734 345 
20291,769 — 
Thereafter5,521 — 
Total$12,799 $1,166 
Less: Imputed interest
(4,356)
Present value of lease liabilities$8,443 
Less: current portion(684)
Lease liabilities, net of current portion$7,759