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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Summary of Assets and Liabilities Recorded on Balance Sheet

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

 

 

Summary of Future Minimum Payments under Operating Leases

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