v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases  
Schedule of Supplemental Cash Flow Information Related to Lease Liabilities

For the Six Months Ended

June 30, 

2025

2024

(In thousands)

Non-cash amounts included in the measurement of lease liabilities:

 

 

Operating cash flows from operating leases

 

$

404

$

744

Schedule of Right-of-Use Assets and Lease Liabilities

    

June 30, 

December 31, 

2025

2024

(In thousands)

Right-of-use asset

$

4,136

$

4,540

Lease liabilities:

 

  

 

  

Current lease liability

 

1,716

 

1,784

Long-term lease liability

 

3,268

 

3,683

Total lease liability

$

4,984

$

5,467

Schedule of Maturity Analysis of Minimum Lease Payment Obligation Under Non-cancellable Operating Leases

The following table reflects the Company’s maturity analysis of the minimum lease payment obligations under non-cancelable operating leases with a remaining term in excess of one year (in thousands):

Office and

Leased vehicles

warehouse

and office

    

leases

    

equipment

    

Total

2025

$

722

$

373

$

1,095

2026

1,218

423

1,641

2027

843

329

1,172

2028

724

7

731

2029 and thereafter

 

1,087

 

 

1,087

Total lease payments

 

4,594

 

1,132

 

5,726

Less: interest

 

646

 

96

 

742

Present value of lease liabilities

$

3,948

$

1,036

$

4,984

Schedule of Weighted Average Remaining Lease Terms and Discount Rate of Operating Leases

    

June 30, 

 

2025

2024

 

Weighted average remaining lease term (years):

  

  

 

Office and warehouse space

 

3.29

 

4.08

Vehicles

 

0.41

 

0.19

Office equipment

 

 

0.01

Weighted average discount rate:

 

 

Office and warehouse space

 

5.34

%  

5.44

%

Vehicles

 

1.66

%  

1.09

%

Office equipment

 

%  

0.05

%