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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Costs and Cash Paid

The following table summarizes the lease costs and cash paid for the Company’s leases (in thousands):

 

December 31,

 

 

2024

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

Cash paid for operating lease liabilities

$

3,794

 

 

$

2,469

 

 

$

700

 

Operating lease costs

 

3,993

 

 

 

4,099

 

 

 

711

 

Short-term lease costs

 

 

 

 

 

 

 

2,921

 

Variable lease costs

 

995

 

 

 

1,326

 

 

 

357

 

Schedule of Supplemental Balance Sheet Information Related To Operating Leases

Supplemental balance sheet information related to operating leases is as follows:

 

 

December 31,

 

 

2024

 

 

2023

 

 

2022

 

Weighted average remaining lease term

 

6.0

 

 

 

5.6

 

 

 

3.3

 

Weighted average discount rate

 

11.4

%

 

 

10.9

%

 

 

5.4

%

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of December 31, 2024 were as follows (in thousands):

 

 

 

Operating Lease

 

Year Ending December 31,

 

Commitments

 

2025

 

 

2,903

 

2026

 

 

1,526

 

2027

 

 

1,443

 

2028

 

 

1,474

 

2029

 

 

1,518

 

Thereafter

 

 

3,308

 

Total undiscounted lease payments

 

 

12,172

 

Less: Present value adjustments

 

 

(3,401

)

Total operating lease liabilities

 

$

8,771

 

Operating lease liabilities, current

 

 

2,079

 

Operating lease liabilities, non-current

 

 

6,692

 

Total operating lease liabilities

 

$

8,771