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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Supplemental Cash Flow Information Relating to Leases

The following table summarizes supplemental cash flow information for the three months ended March 31, 2025 and 2024 (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Cash paid for amounts included in measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

363

 

 

$

510

 

Summarizes of Future Minimum Lease Payments

The following table summarizes the Company’s future minimum lease payments as of March 31, 2025 (in thousands):

 

 

March 31, 2025

 

Remainder of 2025

 

$

1,098

 

2026

 

 

872

 

Total future minimum lease payments

 

 

1,970

 

Less: imputed interest

 

 

(130

)

Total lease liabilities at present value

 

$

1,840

 

Summarizes Lease Term and Discount Rate

The following table summarizes the weighted-average remaining lease term and discount rate as of March 31, 2025 and December 31, 2024:

 

 

March 31, 2025

 

 

December 31, 2024

 

Weighted-average remaining lease term (in years)

 

 

1.3

 

 

 

1.6

 

Weighted-average discount rate

 

 

11.0

%

 

 

11.0

%