Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases

Supplemental balance sheet information

Supplemental balance sheet information related to leases was as follows (in thousands):

	December 31,
		2024		2023
Operating leases:
Operating lease right-of-use assets	$	4,278	$	1,564
Operating lease liabilities, current portion	$	63	$	310
Operating lease liabilities, net of current portion		4,769		1,340
Total operating lease liabilities	$	4,832	$	1,650

Schedule of other information related to the operating lease

	December 31,
		2024	2023
Weighted-average remaining lease term (in years)		8.15	4.81
Weighted-average discount rate		9.5%	8.3%

Supplemental cash flow information

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

	Year Ended December 31,
	2024		2023
Cash paid for operating lease liabilities	$	337	$	246

Schedule of future minimum lease payments under operating lease

The Company’s future minimum lease payments were as follows as of December 31, 2024 (in thousands):

Years ending December 31,	Amount
2025	$	929
2026		1,304
2027		1,577
2028		1,616
2029 and thereafter		7,333
Total lease payments		12,759
Less: imputed interest		(4,202)
Less: tenant improvement allowance not yet received		(3,725)
Present value of operating lease liabilities	$	4,832