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Leases
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Leases Leases
As of September 30, 2024, the Company had commercial real estate sublease agreements for 17,098 square feet of office space in Santa Clara, California, with an initial term of 28 months.
The table below presents supplemental information related to operating leases:
Nine Months Ended September 30,
20242023
Operating lease costs during the period$309,859 $225,971 
Cash payments included in the measurement of operating lease liabilities during the period$152,880 $167,286 
Operating lease liabilities arising from obtaining lease right-of-use assets during the period$1,184,913 $— 
Weighted-average remaining lease term (in months) as of period-end278
Weighted-average discount rate during the period8.76%6.85%

The Company generally utilizes its incremental borrowing rates on a collateralized basis, reflecting the Company’s credit quality and the term of the lease at the commencement of the lease in determining the present value of future payments since the implicit rate for the Company’s leases is not readily determinable.
Variable lease expense includes rental increases that are not fixed, such as those based on amounts paid to the lessor based on cost or consumption, such as maintenance and utilities.
The components of operating lease costs were as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Operating lease costs:
Research and development$86,804 $31,296 $228,422 $121,875 
Sales, general and administrative33,424 33,676 81,437 104,096 
Total operating lease costs (1)
$120,228 $64,972 $309,859 $225,971 

(1) Month-to-month lease arrangements for the three months ended September 30, 2024 and 2023 of $37,339 and $14,397, respectively, and for the nine months ended September 30, 2024 and 2023 of $123,569 and $74,247, respectively, are included in operating lease costs.
The minimum lease payments above do not include common area maintenance charges, which are contractual obligations under the Company’s lease, but are not fixed and can fluctuate from year to year and are expensed as incurred. Common area maintenance charges for the three months ended September 30, 2024 and 2023 of $13,668 and $39,389, respectively, and for the nine months ended September 30, 2024 and 2023 of $54,648 and $98,917, respectively, are included in operating expenses on the condensed consolidated statements of operations.
Maturities of the operating lease liabilities are summarized as follows as of September 30, 2024:
Year Ending December 31,
2024 (remaining three months of the year)$135,928 
2025549,188 
2026565,602 
Minimum lease payments1,250,718 
Less imputed interest(113,899)
Present value of operating lease liabilities$1,136,819 
Current portion of operating lease liabilities$466,624 
Noncurrent portion of operating lease liabilities670,195 
Total operating lease liabilities$1,136,819