XML 50 R33.htm IDEA: XBRL DOCUMENT
v3.25.1

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Schedule of Operating Lease and Lease Cost | The following table summarizes quantitative information about the Company’s operating leases for the years ended December 31, 2024 and 2023 (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Operating cash flows used in operating leases |  | $ | 894 |  |  | $ | 744 |
Right-of-use assets exchanged for operating lease liabilities |  | $ | 1,771 |  |  | $ | 483 |
Weighted average remaining lease term (in years) |  |  | 3.2 |  |  |  | 1.0 |
Weighted average discount rate |  |  | 8.5 | % |  |  | 8.5 | %
The following table provides the components of the Company’s lease cost included in general and administrative expense in the consolidated statement of operations (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Operating leases |  |  |  |  |  |
Operating lease cost |  | $ | 751 |  |  | $ | 802 |
Variable lease cost |  |  | 407 |  |  |  | 357 |
Operating lease expense |  |  | 1,158 |  |  |  | 1,159 |
Short-term lease rent expense |  |  | 149 |  |  |  | 110 |
Total rent expense |  | $ | 1,307 |  |  | $ | 1,269 |
Schedule of Non-Cancelable Operating Lease | As of December 31, 2024, future minimum payments under the non-cancelable operating leases were as follows (in thousands):
Year ended December 31, 2025 |  | $ | 527 |
Year ended December 31, 2026 |  |  | 850 |
Year ended December 31, 2027 |  |  | 871 |
Year ended December 31, 2028 |  |  | 149 |
Total |  |  | 2,397 |
Less: imputed interest |  |  | (167 | )
Less: tenant improvement allowance |  |  | (327 | )
Operating lease liabilities |  | $ | 1,903 |

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration