Leases (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2025

Dec. 31, 2024

Leases

Schedule of components of lease costs

The components of lease costs, which are included within general and administrative expenses in the Company’s condensed consolidated statements of operations and comprehensive income (loss) were as follows (in thousands):

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2025		2024		2025		2024
Lease costs:
Operating lease cost	$	24	$	23	$	48	$	45
Variable lease cost		18		17		40		38
Total lease costs	$	42	$	40	$	88	$	83

The components of lease costs, which are included within general and administrative expenses in the Company’s statements of operations were as follows (in thousands):

	For the Year Ended
	December 31,
	2024		2023
Lease costs:
Operating lease cost	$	96	$	90
Variable lease cost		80		83
Total lease costs	$	176		173

Schedule of supplemental disclosure of cash flow information

Supplemental disclosure of cash flow information related to the lease were as follows (in thousands):

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2025		2024		2025		2024
Operating cash flows from operating leases	$	50	$	49	$	100	$	98

Supplemental disclosure of cash flow information related to the lease were as follows (in thousands):

	For the Year Ended
	December 31,
	2024		2023
Operating cash flows from operating leases	$	197	$	194

Schedule of weighted-average discount rate and remaining lease term

The weighted-average discount rate and remaining lease term were as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2025		2024		2025		2024
Weighted-average discount rate	9.50	%	9.50	%	9.50	%	9.50	%
Weighted-average remaining lease term	2.08		3.08		2.08		3.08

	For the Year Ended
	December 31,
	2024		2023
Weighted-average discount rate	9.50	%	9.50	%
Weighted-average remaining lease term	2.58		3.67

Schedule of maturities of the Company's operating lease liabilities

As of June 30, 2025, the maturities of the Company’s operating lease liabilities were as follows (in thousands):

Year Ended December 31,	Amount
2025 (remaining six months)	$	64
2026		129
2027		88
Total lease payments		281
Less: imputed interest		(27)
Present value of lease liabilities		254
Less: operating lease liabilities, current portion	$	109
Operating lease liabilities, net of current portion	$	145

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

Year Ended December 31,	Amount
2025	$	126
2026		129
2027		88
Total lease payments		343
Less: imputed interest		(39)
Present value of lease liabilities		304
Less: operating lease liabilities, current portion	$	103
Operating lease liabilities, net of current portion	$	201