The Company leases facilities, equipment and land under non-cancelable operating leases expiring through 2037. One of its facility leases contains price escalations and a renewal option for five years. Right-of-use assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Right-of-use assets and liabilities are based on the present value of lease payments over the lease term, using the Company’s incremental borrowing rate based on the information available at recognition, and the Company has elected to exclude non-lease components. The Company also leases two 84-month solar leases for two of its buildings, and a 48-month lease for equipment, which are included in the right-of-use assets and liabilities. As of June 30, 2025, the weighted average remaining lease terms of all operating leases was 8.4 years, the weighted average discount rate was 7.4%, and for both the three months ended June 30, 2025 and 2024, the operating lease costs were $203,000.

Supplemental balance sheet information related to leases consists of the following as of:

Maturities of lease liabilities as of June 30, 2025 are as follows: