v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases  
Schedule of Right-of-use Assets and Lease Liabilities

Total right-of-use (“ROU”) assets and lease liabilities are as follows:

 

   June 30,   December 31, 
   2025   2024 
   (In thousands) 
Right-of-use assets:          
Net book value (Other assets)  $7,838   $8,774 
Operating lease liabilities:          
Current (Accrued expense and other current liabilities)  $1,569   $1,612 
Noncurrent (Other noncurrent liabilities)   7,583    8,361 
Total operating lease liabilities   9,152    9,973 
Financing lease liabilities:          
Current (Accrued expense and other current liabilities)  $149   $142 
Noncurrent (Other noncurrent liabilities)   37    114 
Total financing lease liabilities  $186   $256 
Total lease liabilities  $9,338   $10,229 
Schedule of Lease-related Balances

Information about lease-related balances were as follows:

 

   2025   2024   2025   2024 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2025   2024   2025   2024 
   (In thousands, except years and percentages)   (In thousands, except years and percentages) 
Operating lease expense  $578   $746   $1,156   $1,492 
Financing lease expense   40    43    80    92 
Short-term lease expense   45    40    86    108 
Total lease expense  $663   $829   $1,322   $1,692 
Cash paid for leases  $595   $752   $1,190   $1,498 
Weighted – average remaining lease term – operating leases (years)   6.8    7.5    6.8    7.5 
Weighted – average discount rate – operating leases   9.0%   8.9%   9.0%   8.9%
Schedule of Maturity of Operating Lease Liabilities

Maturity of operating lease liabilities as of June 30, 2025 are as follows:

 

Year Ending December 31,  (In thousands) 
Remainder of 2025  $1,200 
2026   2,430 
2027   2,400 
2028   2,490 
2029   2,585 
Thereafter   6,195 
Total operating lease payments  $17,300 
Less portion representing imputed interest   (8,148)
Total operating lease liabilities  $9,152 
Less current portion   1,569 
Long-term portion  $7,583