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LEASES
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
LEASES LEASES
In April 2025, we relocated our corporate headquarters and manufacturing and research operations into a new facility under an operating lease that extends through 2035. The operating lease for our previous location expired in May 2025.
The components of lease cost were as follows (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Operating lease cost$90 $57 $160 $170 
Short-term lease cost (1)
— — 116 — 
Variable lease cost (2)
11 11 22 34 
Total lease cost$101 $68 $298 $204 
(1) Includes amounts related to leases with original terms of 12 months or less and our company has elected the short-term lease exemption.
(2) Includes amounts related to common area maintenance, property taxes and any other lease-related charges that vary based on usage or actual costs and are not included in the operating lease liability.
As of September 30, 2025, the maturities of under the operating lease liability were as follows (in thousands):
2025$42 
2026331 
2027338 
2028348 
2029358 
Thereafter2,245 
Total operating lease payments3,662 
Less: imputed interest(1,199)
Total operating lease liability$2,463