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Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Lease Payments for Operating Leases

As of December 31, 2024, lease payments for operating leases for the Company’s office facility and laboratories was as follows (in thousands):

Year ending December 31,
2025			$	(76)
2026			99
2027			4,646
2028			4,612
2029			4,715
Thereafter			36,913
Total future lease payments			$	50,909
Less: imputed interest			20,132
Total lease liabilities			$	30,777

Schedule of Assets and Liabilities, Lessee

The following is a summary of weighted average remaining lease term and discount rate for all of the Company’s operating leases:

			Years Ended December 31,
			2024						2023
Weighted average remaining lease term (years)			12.0						12.7
Weighted average discount rate			7.50		%				7.50		%

Schedule of Lessor Payments to be Received

The future minimum lease payments owed to the Company from the lease agreement at December 31, 2024, was as follows (in thousands):

Year ending December 31,
2025						$	155
2026						155
2027						155
2028						155
2029						155
Thereafter						932
Total						$	1,707

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Assets And Liabilities, Lessee

+ References

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-12

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