Leases (Tables)

9 Months Ended

Sep. 30, 2025

The components of lease expense during the three and nine months ended September 30, 2025 and 2024 are shown in the table below (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Operating lease expense	$	1,286	$	1,286	$	3,857	$	3,857
Variable lease expense	722		667		2,196		1,074
Short-term lease expense	27		25		79		70
Total lease expense	$	2,035	$	1,978	$	6,132	$	5,001

Other information about our operating leases during the nine months ended September 30, 2025 and 2024 are shown in the table below (amounts in thousands):


	Nine months ended September 30,
	2025			2024
Cash paid for amounts included in the measurement of operating lease liabilities	$	2,579		$	843
Weighted-average remaining lease term	12.8 years			13.7 years
Weighted-average discount rate	9.5		%	9.4		%

Schedule of Future Maturing Operating Lease Payments

Future operating lease payments, net of tenant improvement allowance, as of September 30, 2025 are as follows (in thousands):


Year ending December 31:	Amount
Remainder of 2025	$	870
2026	2,534
2027	5,025
2028	5,185
2029	5,344
2030	5,509
Thereafter	42,931
Total lease payments, net of tenant improvement allowance	67,398
Less - present value adjustments	(29,695)
Total operating lease liabilities	$	37,703

Amprius Technologies, Inc. 10-Q