v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease-related Assets and Liabilities

The following table presents the Company's lease-related assets and liabilities as presented on its Condensed Consolidated Balance Sheets:

 

 

 

Classification on the Condensed Consolidated Balance Sheet

 

June 30, 2025

 

 

December 31, 2024

 

Assets:

 

 

 

 

 

 

 

 

Operating lease assets

 

Operating lease right-of-use assets

 

$

804

 

 

$

915

 

Finance lease assets

 

Finance lease right-of-use assets

 

 

 

 

 

157

 

Total lease assets

 

 

 

$

804

 

 

$

1,072

 

Liabilities:

 

 

 

 

 

 

 

 

Current

 

 

 

 

 

 

 

 

Operating lease liabilities

 

Operating lease liabilities, current portion

 

$

286

 

 

$

254

 

Finance lease liabilities

 

Finance lease liabilities, current portion

 

 

 

 

 

31

 

Non-current

 

 

 

 

 

 

 

 

Operating lease liabilities

 

Operating lease liabilities, non-current portion

 

 

605

 

 

 

747

 

Total lease liabilities

 

 

 

$

891

 

 

$

1,032

 

Schedule of Information Related to Lease Expense

The following table presents information related to the Company's lease expense for the periods shown:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Operating lease expense

 

$

86

 

 

$

85

 

 

$

171

 

 

$

170

 

Finance lease expense

 

 

 

 

 

12

 

 

 

12

 

 

 

24

 

Total lease expense

 

$

86

 

 

$

97

 

 

$

183

 

 

$

194

 

Schedule of Future Lease Payments of Leases

Future minimum lease payments from June 30, 2025 until the expiration of the leases are as follows:

 

 

 

Operating Leases

 

2025

 

$

182

 

2026

 

 

371

 

2027

 

 

380

 

2028

 

 

95

 

Total minimum lease payments

 

 

1,028

 

Less: Amount of lease payments representing interest

 

 

(137

)

Present value of future minimum lease payments

 

$

891

 

Schedule of Information Related to the Lease Terms and Discount Rates of Leases

The following table presents certain information related to the lease terms and discount rates for the Company's leases:

 

 

 

June 30, 2025

 

 

December 31, 2024

 

Weighted average remaining lease term:

 

 

 

 

 

 

Operating leases

 

2.7 years

 

 

3.3 years

 

Finance leases

 

 

 

 

0.3 years

 

 

 

 

 

 

 

 

Weighted average discount rate:

 

 

 

 

 

 

Operating leases

 

 

10.91

%

 

 

11.00

%

Finance leases

 

 

 

 

 

4.37

%

Schedule of Supplemental Cash Flow Information Related to Leases

The following table presents supplemental cash flow information related to the Company's leases for the periods shown:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash outflows relating to operating leases

 

$

91

 

 

$

69

 

 

$

169

 

 

$

138

 

Finance lease payments

 

$

 

 

$

32

 

 

$

11

 

 

$

63

 

Supplemental non-cash information:

 

 

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

 

 

$

 

 

$

9

 

 

$