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Leases (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Lessee Disclosure [Abstract]    
Schedule of Leases Leases consisted of the following (in thousands):

 

Leases

 

Classification

 

March 31, 2025

 

 

December 31, 2024

 

Assets

 

 

 

 

 

 

 

 

Operating lease assets

 

 Right of use asset

 

$

19

 

 

$

137

 

Total leased assets

 

 

 

$

19

 

 

$

137

 

Liabilities

 

 

 

 

 

 

 

 

Current - Operating

 

 Operating lease liability- current

 

$

21

 

 

$

155

 

Total leased liabilities

 

 

 

$

21

 

 

$

155

 

 

Lease Cost

 

Classification

 

Three
Months Ended
March 31, 2025

 

 

Three
Months Ended
March 31, 2024

 

Operating lease cost

 

SG&A Expenses

 

$

119

 

 

$

265

 

Short term lease cost

 

SG&A Expenses

 

 

3

 

 

 

3

 

Sublease income (1)

 

SG&A Expenses

 

 

(143

)

 

 

(121

)

Net lease (income) cost

 

 

 

$

(21

)

 

$

147

 

 

 

(1) Sublease income is recorded as a reduction to lease expense.

 

Lease Term
and Discount Rate

 

March 31, 2025

 

 

December 31, 2024

 

Weighted-average remaining
   lease term (years)

 

 

0.5

 

 

 

0.6

 

Weighted-average discount rate

 

 

6.5

%

 

 

6.5

%

Leases consisted of the following (in thousands):

 

Leases

 

Classification

 

December 31, 2024

 

 

December 31, 2023

 

Assets

 

 

 

 

 

 

 

 

Operating lease assets

 

Right of use asset

 

$

137

 

 

$

792

 

Total leased assets

 

 

 

$

137

 

 

$

792

 

Liabilities

 

 

 

 

 

 

 

 

Current - Operating

 

Operating lease liability - current

 

$

155

 

 

$

852

 

Noncurrent - Operating

 

Operating lease liability - noncurrent

 

 

 

 

 

155

 

Total leased liabilities

 

 

 

$

155

 

 

$

1,007

 

 

Lease Cost

 

Classification

 

For the
Year Ended
December 31,
2024

 

 

For the
Year Ended
December 31,
2023

 

Operating lease cost

 

SG&A and R&D Expenses

 

$

850

 

 

$

763

 

Short term lease cost

 

SG&A and R&D Expenses

 

 

13

 

 

 

13

 

Sublease income (1)

 

SG&A and R&D Expenses

 

 

(547

)

 

 

(450

)

Net lease cost

 

 

 

$

316

 

 

$

326

 

 

(1)
Sublease income is recorded as a reduction to lease expense.

 

Lease Term and Discount Rate

 

December 31, 2024

 

 

December 31, 2023

 

Weighted-average remaining
   lease term (years)

 

 

0.6

 

 

 

2.3

 

Weighted-average discount rate

 

 

6.5

%

 

 

6.0

%

Schedule of Maturities of Operating Lease Liabilities  

The maturities of the operating lease liabilities as of December 31, 2024 are as follows (in thousands):

 

Years Ending December 31,

 

Amounts

 

2025

 

 

155

 

Total current operating lease payments

 

$

155