Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Supplemental Cash Flow Information Relating to Leases

The following table summarizes supplemental cash flow information for 2024 and 2023 (in thousands):

	2024		2023
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	1,738	$	1,881

Summarizes of Future Minimum Lease Payments

The following table summarizes Cullinan’s future minimum lease payments as of December 31, 2024 (in thousands):

	December 31, 2024
2025	$	1,461
2026		872
Total future minimum lease payments		2,333
Less: imputed interest		(182	)
Total lease liabilities at present value	$	2,151

Summarizes Lease Term and Discount Rate

The following table summarizes the weighted-average lease term and discount rate as of December 31, 2024 and 2023:

	2024			2023
Weighted-average remaining lease term (in years)		1.6			2.4
Weighted-average discount rate		11.0	%		10.9	%