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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense included in research and development and general and administrative expenses in the statement of operations and comprehensive loss were as follows:
Years ended December 31,
(in thousands)202420232022
Operating lease cost$3,838 $3,838 $3,793 
Finance lease cost:
Amortization of right-of-use assets$138 $185 $194 
Interest on lease liabilities16 28 
$143 $201 $222 
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases was as follows:
Year ended December 31,
20242023
Operating leases:
Operating lease right-of-use assets$4,578 $7,694 
Operating lease liabilities, current$3,856 $3,252 
Operating lease liabilities$1,292 $5,149 
Finance leases:
Property and equipment, gross$1,038 $1,038 
Property and equipment, accumulated depreciation$(862)$(723)
Other liabilities, current$46 $144 
Other liabilities$$54 
Weighted-average remaining lease term:
Operating leases1.3 years2.3 years
Finance leases1.3 years1.1 years
Weighted-average discount rate:
Operating leases10.8 %10.8 %
Finance leases4.4 %4.4 %
Schedule of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to operating leases was as follows:
Year ended December 31,
(in thousands)20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$3,975 $4,029 
Schedule of Future Minimum Payments Under Operating Leases
Future lease payments under non-cancellable operating leases as of December 31, 2024 were as follows:
(in thousands)Operating leases
2025$4,187 
20261,310 
Total lease payments5,497 
Present value adjustment(349)
Present value of lease liabilities$5,148