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]  
Lease, Cost
The components of rent expense, which are primarily included in selling, general and administrative expenses in the Company's consolidated statements of operations and comprehensive loss, were as follows:
Years Ended December 31,
2024 2023
(in thousands)
Operating lease expense $ 1,399  $ 1,287 
Variable lease expense 341  245 
Short-term lease expense 138  273 
Total rent expense $ 1,878  $ 1,805 
Schedule Of Supplemental Operating Lease Balance Sheet Information
As of December 31, 2024 and 2023, supplemental operating lease balance sheet information consisted of the following:
December 31, December 31,
2024 2023
(in thousands)
Operating lease right of use assets - net $ 4,029  $ 1,630 
Operating lease liabilities:
Other current liabilities $ 775  $ 621 
Operating lease liabilities 8,048  3,041 
Total operating lease liabilities $ 8,823  $ 3,662 
Other supplemental operating lease information consisted of the following for the years ended December 31, 2024 and 2023:
Years Ended December 31,
2024 2023
(dollars in thousands)
Operating cash flows for operating leases
 $ 1,102  $ 586 
ROU assets obtained in exchange for new lease liabilities
 $ 5,450  $ 222 
Weighted average remaining lease term (in years) 9.03 8.33
Weighted average discount rate 10.15  % 11.48  %