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LEASES
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
LEASES LEASES
We had operating leases with terms greater than 12 months for office space in four multi-tenant facilities, which are recorded as Operating lease right-of-use assets and Operating lease liabilities.
For the three and nine months ended September 30, 2025 and 2024, the Company’s lease cost consists of the following components, each of which is included in operating expenses within the Company’s condensed consolidated statements of operations:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Operating lease cost$60 $62 $182 $186 
Short-term lease cost— — 
Total lease cost$60 $63 $182 $188 
The table below presents the future minimum lease payments to be made under operating leases in each of the remainder of the current and next three fiscal years:
As of September 30, 2025
2025 (remainder)$62 
2026214 
2027170 
2028107 
Total553 
Less: discount46 
Total lease liabilities$507 
The weighted average remaining lease term at September 30, 2025 for the operating leases is 2.61 years, and the weighted average discount rate used in calculating the operating lease asset and liability is 6.90%. Cash paid for amounts included in the measurement of lease liabilities was $145 and $168 for the nine months ended September 30, 2025 and 2024, respectively. For the nine months ended September 30, 2025 and 2024, payments on lease obligations were $168 and $193, respectively, and amortization on the right of use assets was $182 and $175, respectively.