Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Summary of Components of Operating Lease Expense

For the years ended December 31, 2024 and 2023, the components of operating lease expense were as follows (in thousands):

Operating lease expense	Statement of Operations Location	December 31, 2024		December 31, 2023
Fixed operating lease expense	Research and development expense	$	757	$	1,048
	General and administrative expense		757		559
Variable operating lease expense	Research and development expense		35		12
	General and administrative expense		35		7
Total operating lease expense		$	1,584	$	1,626

Summary of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases for the years ended December 31, 2024 and 2023, was as follows (in thousands):

	December 31, 2024		December 31, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,718	$	1,690

Summary of Lease Balances Related to Operating and Finance Leases Except Weighted Average Remaining Lease Term And Discount Rate

The following table presents the lease balances within the consolidated balance sheet, weighted average remaining lease term, and the weighted average discount rates related to the Company’s operating and finance leases as of December 31, 2024 and 2023 (in thousands, except for the weighted average remaining lease term and the weighted average discount rate):

Lease Assets and Liabilities	Classification	December 31, 2024			December 31, 2023
Assets
Operating	Operating lease right-of-use assets	$	3,114		$	4,155
Total leased assets		$	3,114		$	4,155
Liabilities
Current
Operating	Operating lease liabilities	$	1,746		$	1,718
Non-Current
Operating	Non-current operating lease liabilities		2,551			3,825
Total lease liabilities		$	4,297		$	5,543
Weighted average remaining lease term (in years)			2.6			3.6
Weighted average discount rate			9.8	%		9.8	%

Summary of Maturity of Operating Lease Liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of December 31, 2024 (in thousands):

Years Ending December 31,
2025		1,746
2026		1,956
2027		1,156
Total future minimum lease payments		4,858
Less imputed interest		(561	)
Total operating lease liabilities	$	4,297