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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of operating lease costs and finance lease costs The table below summarizes the Company’s operating lease costs for the three and six months ended June 30, 2025 and 2024 (in thousands except for lease terms and borrowing rates):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Operating lease costs:
Lease expense$609$609$1,218$1,218
Short-term lease expense14142827
Variable lease expense365338658673
Total operating lease costs$988$961$1,904$1,918
Other information:
Operating cash flows used for operating leases$575$650$1,711$1,753
Weighted-average remaining lease term in years2.23.22.23.2
Weighted-average incremental borrowing rate6.73 %6.72 %6.73 %6.72 %
The table below summarizes the Company’s finance lease costs for the three and six months ended June 30, 2025 and 2024 (in thousands except for lease terms and borrowing rates):
Three Months Ended June 30,Six Months Ended June 30,
Classification2025202420252024
Finance lease costs:
Amortization of ROU assetsDepreciation and amortization$13$49$39$98
Interest on lease liabilitiesOther expense17416
Total finance lease costs$14$56$43$114
Other information:
Operating cash flows used for finance leases$30$89$79$178
Weighted-average remaining lease term in years3.31.73.31.7
Weighted-average incremental borrowing rate7.74 %8.19 %7.74 %8.19 %
Schedule of maturities of operating lease liabilities
Maturities of operating lease liabilities as of June 30, 2025 were as follows (in thousands):
2025 remaining$1,752 
20263,558 
20271,980 
2028264 
Total lease payments7,554 
Less: amount representing imputed interest(515)
Total future minimum lease obligations$7,039 
Schedule of maturities of finance lease liabilities
Maturities of finance lease liabilities as of June 30, 2025 were as follows (in thousands):
2025 remaining$31 
202631 
202731 
Total lease payments93 
Less: amount representing imputed interest(8)
Total future minimum lease obligations$85