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Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Right-of-use Assets and Lease Liabilities for Operating Leases

Right-of-use assets and lease liabilities for operating leases as included in the Company’s financial statements are as follows (in thousands):

		December 31, 2024				December 31, 2023
Operating lease right-of-use assets		$	770			$	478
Current operating lease liabilities			536				208
Noncurrent operating lease liabilities			549				466
Total lease liabilities		$	1,085			$	674

Schedule of Lease Expense for Operating Leases

Lease expense for operating leases as included in the Company’s financial statements are as follows (in thousands):

		December 31,
		2024				2023
Operating lease cost		$	236			$	173
Variable lease expense			187				201

Schedule of lease term, discount rates, and additional information for operating leases

Lease term, discount rates, and additional information for operating leases are as follows (in thousands):

		As of December 31,
		2024				2023
Weighted-average remaining lease term – operating leases (years)			1.87				2.92
Weighted-average discount rate – operating leases			4.5	%			4.5	%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases		$	315			$	210

Schedule of Maturities of lease liabilities by fiscal year for operating leases

The aggregate maturities of the Company’s operating lease liabilities were as follows as of December 31, 2024 (in thousands):

2025		$	571
2026			560
Total future minimum lease payments			1,131
Less: imputed interest			(46	)
Less: Current portion			(536	)
Operating lease liability, net of current portion		$	549

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Schedule of lease related assets and liabilities.

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Schedule of lease term, discount rates, and additional information for operating leases.

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- 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

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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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