Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease Expense
The components of lease expense are as follows (in thousands):
Three Months Ended
March 31, 2025		 Three Months Ended
March 31, 2024
Operating leases:    
Operating lease cost $ 243 $ 471
Variable lease cost 15 —
Short-term lease costs - equipment     752 —
Operating lease expense $ 1,010 $ 471
Supplemental cash flow information related to the leases were as follows:
Three Months Ended
March 31, 2025		 Three Months Ended
March 31, 2024
Operating cash flows - operating leases (in thousands)
 $ 228 $ 484
Weighted-average remaining lease term – operating leases (in years) 2.3 2.7
Weighted-average discount rate – operating leases 12.0% 12.0  %
Schedule of Future Minimum Payments
As of March 31, 2025, future minimum payments are as follows (in thousands):
Operating
Leases
2025 (remaining) $ 592 
2026 728 
2027 410 
Total 1,730 
Less present value discount (224)
Operating lease liabilities 1,506 
Less: lease liabilities - current (638)
Lease liabilities - non-current $ 868