Operating Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows (in thousands):

	Year Ended December 31,
	2024		2023
Lease cost
Operating lease cost	$	2,653	$	2,666
Variable lease cost		1,737		753
Short-term lease cost		27		499
Total operating lease cost	$	4,417	$	3,918

Other information
Cash paid for amounts included in the measurement of lease liabilities, included in operating cash flows	$	3,295		$	2,516
Weighted-average remaining lease term (in years)		8.0			9.0
Weighted-average discount rate		9.4	%		9.4	%

Maturities of Lease Liabilities

Maturities of lease liabilities for the next five years as of December 31, 2024, are as follows (in thousands):

Years Ending December 31,	Operating Lease Payments			Sublease Receipts		Net Operating Lease Payments
2025	$	3,278		$	1,898	$	1,380
2026		3,375			437		2,938
2027		3,473			—		3,473
2028		3,575			—		3,575
2029		3,680			—		3,680
Thereafter		11,704			—		11,704
Total undiscounted payments	$	29,085		$	2,335	$	26,750
Less: present value adjustment		(8,985	)
Present value of future payments		20,100
Less: current portion of operating lease liabilities		(1,450	)
Operating lease liabilities, net of current portion	$	18,650