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Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense are as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease costs

 

$

270

 

 

$

195

 

 

$

531

 

 

$

512

 

Variable lease costs

 

 

55

 

 

 

135

 

 

 

103

 

 

 

258

 

Total lease cost

 

$

325

 

 

$

330

 

 

$

634

 

 

$

770

 

Schedule of Other Information

Other information related to leases was as follows:

 

 

 

Six Months Ended June 30,

 

Supplemental Cash Flows Information (in thousands)

 

2026

 

 

2025

 

Operating lease right of use assets obtained in exchange for operating lease liabilities

 

$

65

 

 

$

1,633

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

536

 

 

$

499

 

 

 

 

June 30, 2026

 

 

December 31, 2025

 

Weighted-average remaining lease term (years)

 

 

2.6

 

 

 

3.0

 

Weighted-average discount rate

 

 

6.7

%

 

 

6.6

%

Schedule of Future Maturities of Lease Liabilities

Future maturities of lease liabilities were as follows as of June 30, 2026:

 

(in thousands)

 

Operating Leases

 

Remainder of 2026

 

$

527

 

2027

 

 

969

 

2028

 

 

690

 

2029

 

 

393

 

2030

 

 

 

Thereafter

 

 

 

Total future minimum lease payments

 

 

2,579

 

Less: imputed interest

 

 

244

 

Present value of lease liabilities

 

$

2,335