XML 21 R15.htm IDEA: XBRL DOCUMENT v3.25.2
RIGHT-OF-USE ("ROU") ASSETS AND LEASES LIABILITIES
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
RIGHT-OF-USE ("ROU") ASSETS AND LEASES LIABILITIES

7. RIGHT-OF-USE (“ROU”) ASSETS AND LEASES LIABILITIES

 

The Company has operating leases for its corporate offices, including its Palo Alto, California lease agreement which expires on April 30, 2026 and a warehouse lease agreement in Guilford, Connecticut which was extended by 6 months in June 2025 and expires on August 31, 2026. As of June 30, 2025 and December 31, 2024, the balance of operating lease ROU assets of $254 and $341, respectively, current lease liabilities of $238 and $269, respectively, and non-current lease liabilities of $12 and $78, respectively, are included in the Company's condensed consolidated balance sheets in other long term assets, accrued expenses and other current liabilities, respectively.

The weighted-average remaining lease term associated with the measurement of our operating lease obligations is 14 months and an annual weighted-average discount rate is 9.78%.

Future minimum commitments due under the lease agreements as of June 30, 2025 are $136 for 2025 and $114 thereafter.