Leases (Tables)

6 Months Ended

Jun. 30, 2025

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

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

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

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