XML 73 R40.htm IDEA: XBRL DOCUMENT v3.25.1
Commitment and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Lease, Cost
Supplemental lease expense for the years ended December 31, 2024 and 2023 was as follows (in thousands):
Years Ended
December 31,
20242023
Operating lease cost$2,049 $1,037 
Finance lease cost
Amortization of finance leases52 35 
Interest on finance lease liabilities12 12 
Variable lease cost1,379 178 
Short-term lease cost71 80 
Total lease cost$3,563 $1,342 
Lessee, Operating Lease, Liability, to be Paid, Maturity
The following table summarizes the maturity of the Company’s operating and finance lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating and finance lease liabilities recognized on the Company’s consolidated balance sheet as of December 31, 2024 (in thousands):
Maturity of operating lease liabilities
2025$3,987 
20263,695 
20273,239 
20283,294 
2029614 
Total lease payments$14,829 
Less: interest(2,481)
Total operating lease liabilities$12,348 
Finance Lease, Liability, to be Paid, Maturity
Maturity of finance lease liabilities
2025$59 
202621 
20276 
20281 
Total lease payments$87 
Less: interest(7)
Total finance lease liabilities$80 
Assets And Liabilities, Lessee
Supplemental balance sheet information related to leases as of December 31, 2024 and 2023 was as follows (in thousands):
LeasesDecember 31,
20242023
Operating right-of-use assets$3,000 $3,681 
Operating current lease liabilities2,945 2,559 
Operating non-current lease liabilities9,403 12,302 
Total operating lease liabilities$12,348 $14,861 
Finance right-of-use assets$71 $98 
Finance current lease liabilities54 42 
Finance non-current lease liabilities26 65 
Total finance lease liabilities$80 $107 
Other informationDecember 31,
20242023
Cash paid for amounts included in measurement of operating lease liabilities (in thousands)$3,881$1,051
Cash paid for amounts included in measurement of finance lease liabilities (in thousands)$64$42
Weighted-average remaining lease term - operating leases (in years)3.954.88
Weighted-average remaining lease term - finance lease (in years)1.672.53
Weighted-average discount rate - operating leases9.74 %9.72 %
Weighted-average discount rate - finance lease11.04 %11.49 %
Asset Acquisition, Contingent Consideration
The following table summarizes the components of the contingent value rights liability in the consolidated balance sheet as of December 31, 2024 and December 31, 2023 (in thousands):
December 31, 2024December 31, 2023
CurrentNon-CurrentCurrentNon-Current
Lease CVR$436 $718 $281 $1,006 
Intellectual Property CVR
295 — — — 
Sales Tax CVR360 — — — 
Total CVR liability$1,091 $718 $281 $1,006