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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