Leases

6 Months Ended

Jun. 30, 2026

Leases [Abstract]

Leases

7. Leases

The Company has operating lease arrangements for facilities under non-cancellable agreements with various expiration dates through 2031. The agreements may include renewal options to extend the term that the Company is not reasonably certain to exercise.

In May 2026, the Company extended an existing facility lease and entered into a new lease for additional facility space in California, both expiring in December 2027, resulting in aggregate additions of $1.2 million to operating lease right-of-use assets and lease liabilities.

Rent expense related to operating lease liabilities was $0.7 million and $1.4 million for the three and six months ended June 30, 2026, respectively, and $0.7 million and $1.3 million for the three and six months ended June 30, 2025, respectively. Variable lease costs and short-term lease expenses were not material during the periods presented.

As of June 30, 2026, future minimum lease payments for the Company’s operating lease liabilities were as follows (in thousands):

Year Ended December 31,	Amount
2026 (remaining six months)	$	1,466
2027	2,315
2028	839
2029	866
2030	898
Thereafter	670
Total undiscounted lease payments	7,054
Less: Imputed interest	(1,392)
Present value of lease liabilities	5,662
Less: Operating lease liabilities, current	(2,153)
Operating lease liabilities, non-current	$	3,509

The following table summarizes additional information related to operating leases for the periods presented:

	June 30, 2026		December 31, 2025
Weighted-average remaining lease term	3.6 years		4.1 years
Weighted-average discount rate	12.1	%	12.5	%