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Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense were as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

 

(in thousands)

 

Operating lease cost–fixed

 

$

409

 

 

$

319

 

 

$

1,242

 

 

$

964

 

Operating lease cost–variable

 

 

62

 

 

 

52

 

 

 

146

 

 

 

123

 

Short-term lease expense

 

 

20

 

 

 

4

 

 

 

28

 

 

 

13

 

Total lease expense

 

$

491

 

 

$

375

 

 

$

1,416

 

 

$

1,100

 

Summary of Weighted-average Remaining Lease Term and Discount Rate

The weighted-average remaining lease term and discount rate were as follows:

 

 

 

September 30, 2025

 

Weighted-average remaining lease term

 

 

5.39

 

Weighted-average discount rate

 

 

6.78

%

Schedule of Future Lease Payments

Future lease payments under non-cancellable leases as of September 30, 2025 were as follows:

 

(in thousands)

 

 

 

Year Ending December 31,

 

 

 

2025

 

$

508

 

2026

 

 

2,006

 

2027

 

 

1,418

 

2028

 

 

1,384

 

2029

 

 

1,092

 

Thereafter

 

 

2,919

 

Total future lease payments

 

$

9,327

 

Less: imputed interest

 

 

(1,640

)

Total lease liabilities

 

$

7,687