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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Sublease Income The expected undiscounted cash flows to be received from the sublease as of March 31, 2025 is as follows (in thousands):

 

 

March 31,
2025

 

2025

 

$

552

 

2026

 

 

438

 

2027 and thereafter

 

 

 

Total

 

$

990

 

Schedule Of Future Lease payments

The future minimum lease payments under all non-cancelable operating lease obligations as of March 31, 2025 were as follows (in thousands):

 

 

March 31,
2025

 

2025

 

$

3,388

 

2026

 

 

4,009

 

2027

 

 

3,714

 

2028

 

 

3,808

 

2029

 

 

3,906

 

2030 and thereafter

 

 

662

 

Total undiscounted lease payments

 

 

19,487

 

Less: imputed interest

 

 

(3,242

)

Total operating lease liability

 

 

16,245

 

Less: current portion

 

 

(2,983

)

Operating lease liability, net of current maturities

 

$

13,262

 

Summary of Lease Costs and Other Information

The following table presents the operating lease cost and information related to the operating lease right-of-use assets, net and operating lease liabilities for the quarter ended March 31, 2025 (in thousands):

 

Three Months Ended

 

 

 

March 31, 2025

 

Lease Cost

 

 

 

Operating lease cost

 

$

1,139

 

Short-term lease cost

 

 

36

 

Sublease income

 

 

(185

)

Total lease cost

 

$

990

 

Other Information

 

 

 

Operating cash flows used for lease liabilities

$

(989

)

Weighted-average remaining lease term - operating leases

 

 

4.7

 

Weighted-average discount rate - operating leases

 

 

7.0

%