Related Party Disclosures |
6 Months Ended |
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Jun. 30, 2025 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions Disclosure | The Company leases retail space from a company affiliated with Robert Lewis, an independent director of the Company, and his family. The lease, which was entered into in January 2023, has an initial term of ten years and the Company has four -year renewal options. The annual base rent under the lease is $209 thousand for the first five years of the lease and $234 thousand for years six through ten. For the four five-year renewal periods, the annual base rent ranges from $262 thousand to $368 thousand. The Company is also required to pay additional rent to the lessor representing the proportionate share of real property taxes, insurance and common area expenses associated with the leased premises. The Company recognized an operating lease right-of use asset and right-of-use liability of $1.6 million each. For the three and six months ended June 30, 2025, the Company paid $67 thousand and $168 thousand, respectively, to the lessor pursuant to the lease. The Company made no payments to the lessor for the three and six months ended June 30, 2024.
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