Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.25.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Expense
The components of lease expense are as follows (in thousands):
Year Ended
December 31,
2024		 Year Ended
December 31,
2023
Operating leases:    
Operating lease cost $ 894  $ 580 
Variable lease cost 42  100 
Short-term lease costs - equipment     2,997  — 
Operating lease expense $ 3,933  $ 680 
Supplemental cash flow information related to the leases were as follows:
Year Ended
December 31,
2024		 Year Ended
December 31,
2023
Operating cash flows - operating leases (in thousands)
 $ 912 $ 686
Weighted-average remaining lease term – operating leases (in years) 2.5 2.8
Weighted-average discount rate – operating leases 12.0  % 12.0  %
Schedule of Future Minimum Payments
As of December 31, 2024, future minimum payments are as follows (in thousands):
Operating
Leases
2025 $ 774 
2026 680 
2027 410 
     Total 1,864 
Less present value discount (262)
Operating lease liabilities $ 1,602