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Commitments and Contingent Liabilities (Tables)
9 Months Ended
Sep. 30, 2025
Commitments and Contingent Liabilities  
Summary of components of lease costs

The components of lease costs were as follows (in thousands):

    

Three Months Ended September 30, 

    

Nine Months Ended September 30, 

    

2025

    

2024

    

2025

    

2024

Operating lease costs

$

1,377

$

882

$

3,682

$

2,593

Variable lease costs

 

336

 

297

 

993

 

953

Total lease costs

$

1,713

$

1,179

$

4,675

$

3,546

Schedule of supplemental cash flow information related to the operating leases

Supplemental cash flow information related to the operating leases was as follows (in thousands):

Nine Months Ended September 30, 

2025

2024

Cash payments included in the measurement of operating lease liabilities

$

5,160

$

4,076

Schedule of weighted-average remaining lease term and incremental borrowing rate for the operating leases

September 30, 

December 31, 

    

2025

    

2024

Weighted-average remaining lease term (years)

 

7.0

8.7

Weighted-average incremental borrowing rate

 

11.6

%

11.4

%

Schedule of future minimum lease payments under non-cancelable leases

Future minimum lease payments under non-cancelable leases as of September 30, 2025, were as detailed below (in thousands):

2025 (remainder of the year)

$

2,229

2026

8,175

2027

 

7,648

2028

 

7,765

2029

 

7,205

Thereafter

 

21,857

Total undiscounted lease payments

 

54,879

Less: Imputed interest

 

(17,082)

Total operating lease liabilities

$

37,797