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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Lessee Disclosure [Abstract]  
Schedule of Supplemental Cash Flow Information

Supplemental cash flow information related to operating leases was as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

     Operating cash flows from operating lease

 

$

872

 

 

$

573

 

Schedule of Present Value Assumptions used in Calculating Present Value of Lease Payments

The present value assumptions used in calculating the present value of the lease payments were as follows:

 

 

Year Ended December 31,

 

 

2024

 

2023

 

Weighted-average remaining lease term

2.3 years

 

2.2 years

 

Weighted-average discount rate

4.76%

 

4.78%

 

Schedule of Maturity of Operating Lease Liabilities

As of December 31, 2024, undiscounted future minimum payments under the Company’s operating leases were as follows (in thousands):

 

 

 

Amount

 

2025

 

$

782

 

2026

 

 

631

 

2027

 

 

279

 

Total undiscounted lease payments

 

 

1,692

 

Less: imputed interest

 

 

(94

)

Total lease liabilities

 

 

1,598

 

Less: current portion of lease liabilities

 

 

(713

)

Lease liabilities, net of current portion

 

$

885