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Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases  
Schedule of other information related to the operating lease

Other information related to the Company’s operating leases was as follows:

 

 

September 30, 2025

 

 

December 31, 2024

 

Weighted-average remaining lease term (in years)

 

 

7.50

 

 

 

8.15

 

Weighted-average discount rate

 

 

8.7

%

 

 

9.5

%

Supplemental cash flow information

Supplemental cash flow information related to the Company’s operating leases was as follows (in thousands):

 

 

Nine Months Ended September 30,

 

 

2025

 

 

2024

 

Cash paid for operating lease liabilities

 

$

462

 

 

$

301

 

Schedule of future minimum lease payments under operating lease

The Company’s future minimum lease payments were as follows as of September 30, 2025 (in thousands):

 

Years ending December 31,

 

Amount

 

2025 (represents remaining three months in 2025)

 

$

242

 

2026

 

 

1,468

 

2027

 

 

2,330

 

2028

 

 

2,383

 

2029 and thereafter

 

 

10,749

 

Total lease payments

 

 

17,172

 

Less: imputed interest

 

 

(3,821

)

Less: tenant improvement allowance not yet received

 

 

(9,338

)

Present value of operating lease liabilities

 

$

4,013