Lease contracts

6 Months Ended

Jun. 30, 2025

Note 5: Lease contracts

Future minimum lease payments under the Company’s operating leases’ right of use as of June 30, 2025 and December 31, 2024, are as follows:


	June 30, 2025			December 31, 2024
	Real Estate	Other assets	Total	Real Estate	Other assets	Total
Current portion	1,287	77	1,365	810	26	836
Year 2	1,336	42	1,378	1,222	7	1,228
Year 3	1,345	7	1,352	1,230	7	1,237
Thereafter	5,017	5	5,022	5,127	9	5,136
Total minimum lease payments	8,986	131	9,117	8,388	49	8,437
Less: Effects of discounting	(1,415)	(7)	(1,422)	(1,463)	(23)	(1,486)


Present value of lease liabilities	7,571		124		7,695	6,925		26		6,951
Less: current portion	(926)		(72)		(998)	(648)		(6)		(654)
Long-term lease liabilities	6,645		51		6,696	6,278		20		6,297
Weighted average remaining lease term (years)	7.17		0.03			7.49		0.02
Weighted average discount rate	5.13	%	0.08	%		5.02	%	0.02	%

The Company recognizes rent expense, calculated as the remaining cost of the lease allocated over the remaining lease term on a straight-line basis. Rent expense presented in the consolidated statement of operations and comprehensive loss was:


	June 30,
	2025	2024
Operating lease expense / (income)	562	1,255
Net termination impact		(70)
Net restructuring impact	(26)

Supplemental cash flow information related to operating leases is as follows for the period June 30, 2025 and 2024:


	June 30,
	2025	2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used in operating leases	180	1,019