Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

Leases (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Right-of-Use Assets and Lease Liabilities

Information related to the Company’s right-of-use assets and related lease liabilities is as follows:


	December 31, 2024		December 31, 2023
Cash paid for operating lease liabilities	$	385	$	354


	December 31, 2024			December 31, 2023
Weighted-average remaining lease term	0.39 years			1.46 years
Weighted-average discount rate		11.5	%		12.9	%

Right-of-use assets and lease liabilities for the Company’s operating leases were recorded in the consolidated balance sheet as follows, representing the Company’s right to use the underlying asset for the lease term ("Prepaid expenses and other current assets" and “Other assets”) and the Company’s obligation to make lease payments (“Other current liabilities” and “Other liabilities”):


	December 31, 2024		December 31, 2023
Prepaid expenses and other current assets	$	65	$	—
Other assets		—		549
Total lease assets		65		549

Other current liabilities	$	67	$	365
Other liabilities		—		188
Total lease liabilities	$	67	$	553

Schedule of Future Lease Payments Included in Measurement of Lease Liabilities on Consolidated Balance Sheet

Future lease payments included in the measurement of lease liabilities on the consolidated balance sheet as of December 31, 2024 for the following five fiscal years and thereafter were as follows:


Due in 12 month period ended December 31,
2025	$	68
2026		—
2027		—
2028		—
2029		—
Thereafter		—
	$	68
Less imputed interest		(1	)
Total lease liabilities	$	67