v3.25.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Maturity Analysis of the Operating Lease Liabilities
The following is a maturity analysis of the operating lease liabilities as of June 30, 2025:
Years ending December 31, (in thousands)Operating Lease Obligation
2025$416 
2026803 
2027814 
2028770 
2029644 
2030 and thereafter
5,267 
Total undiscounted lease payments8,714 
Less imputed interest(2,206)
Lease liability$6,508 
Right-of-use asset$6,508 
Schedule of Lease Cost
Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)2025202420252024
Lease cost    
Operating lease cost$198 $161 $396 $346 
Short-term lease cost1 2 2 4 
Total lease cost$199 $163 $398 $350 
Other information
Operating cash outflows from operating leases$198 $161 $396 $346 
Weighted-average remaining lease term - operating leases7.4 years5.8 years7.4 years5.8 years
Weighted average discount rate - operating leases3.7 %2.5 %3.7 %2.5 %