Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases as of December 31, 2024 and 2023, respectively, is as follows (in thousands):

	December 31,		December 31,
	2024		2023
Other current liabilities – operating lease current portion	$	1,247	$	563
Operating lease liabilities – noncurrent portion		21,858		4,906
Total operating lease liabilities	$	23,105	$	5,469

Summary of Lease Expense

The elements of lease expense were as follows (in thousands):

	Year Ended December 31,
	2024		2023
Lease expense included in:
Research and development	$	2,739	$	1,164
General and administrative		260		259
Variable lease costs		255		152
Total lease expense	$	3,254	$	1,575

Future Minimum Lease Payments Under Non-Cancellable Leases

The Company’s total future minimum lease payments under non-cancellable leases at December 31, 2024, were as follows (in thousands):

	Operating Leases
2025		3,585
2026		4,133
2027		4,222
2028		3,319
Thereafter		31,860
Total lease payments	$	47,119
Less imputed interest		(24,014	)
Total	$	23,105