Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases

Schedule of lease balances within the balance sheets

The following table presents the lease balances within the consolidated balance sheets:

	December 31,		December 31,
(in thousands)	2024		2023
Right-of-use assets:
Operating lease right-of-use asset	$	1,069	$	1,349
Operating lease liabilities:
Accrued expenses		282		231
Operating lease liability, non-current portion		877		1,160
Total operating lease liabilities	$	1,159	$	1,391

Maturities of lease liability

Maturities of our lease liability for our operating lease are as follows as of December 31, 2024:

	December 31,
(in thousands)	2024
2025	$	350
2026		362
2027		374
2028		223
Total undiscounted lease payments		1,309
Less: imputed interest		(150)
Present value of lease liability	$	1,159