Leases

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Leases

. Leases

The Company has a non-cancelable operating lease agreement for its office space in Boston, Massachusetts at 225 Franklin Street ("225 Lease"). The 225 Lease commencement date was January 1, 2022 and the 225 Lease runs through December 31, 2026. The 225 Lease does not contain any options for renewal or extension.

The following assets and liabilities are recorded on the Company’s condensed consolidated balance sheet as of March 31, 2025.

	As of March 31,
	2025
Right-of-use asset	$	1,093
Current lease liability		811
Non-current lease liability		634

Future minimum payments under the 225 Lease, currently the Company’s only operating lease as of March 31, 2025 were as follows.

	As of March 31,
	2025
Remainder of 2025	$	629
2026		855
Total lease payments		1,484
Less amount representing implied interest		39
Total lease liability	$	1,445
Current portion of operating lease liabilities	$	811
Non-current portion of operating lease liabilities	$	634

For each of the three months ended March 31, 2025 and 2024, the Company recorded operating lease costs of $161, relating to its operating lease agreements.