v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Leasing Activities The Company’s leasing activities are as follows (in thousands):

 

 

 

For the Six Months Ended,

 

 

 

June 30, 2025

 

June 30, 2024

 

Operating lease cost

 

$

174

 

$

173

 

Short-term lease cost

 

 

-

 

 

-

 

Total lease cost

 

$

174

 

$

173

 

 

 

 

For the Six Months Ended,

 

 

 

June 30, 2025

 

June 30, 2024

 

Other information:

 

 

 

 

 

Cash paid for operating leases

 

$

193

 

$

184

 

Weighted-average remaining lease term - operating lease

 

 

2.22

 

 

2.62

 

Weighted-average discount rate - operating lease

 

 

10

%

 

10

%

 

Schedule of Future Minimum Rental Payments for Operating Leases

The future minimum lease payments as of June 30, 2025, were as follows (in thousands):

 

Year

 

Related-Party Commitment

 

2025 (remaining)

 

$

193

 

2026

 

$

80

 

2027

 

$

83

 

2028

 

$

71

 

Total minimum lease payments

 

$

427

 

Less: imputed interest

 

$

(44

)

Total lease liabilities

 

$

383