v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Lease Cost Recognized Under ASC 842

The following table contains information pertaining to the Company’s operating and finance leases for the six months ended June 30, 2025 and 2024.

 

 

Six months ended June 30,

 

 

 

2025

 

 

2024

 

Cash paid in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows used for operating leases

 

$

2,114

 

 

$

2,220

 

Operating cash flows used for finance leases

 

 

765

 

 

 

 

Financing cash flows used for finance leases

 

 

3,554

 

 

 

 

Other information

 

 

 

 

 

 

Weighted average remaining lease term - finance leases (in years)

 

 

1.2

 

 

 

 

Weighted average discount rate - finance leases

 

 

11.0

%

 

 

 

Weighted average remaining lease term - operating leases (in years)

 

 

1.2

 

 

 

0.8

 

Weighted average discount rate - operating leases

 

 

11.0

%

 

 

10.4

%

Schedule of Future Minimum Payments for Operating Leases

Future lease payments under the non-cancelable leases as of June 30, 2025 are as follows:

 

 

Finance Leases

 

 

Operating Leases

 

July 1, 2025 - December 31, 2025

 

$

8,230

 

 

$

2,114

 

2026

 

 

13,655

 

 

 

2,769

 

     Total undiscounted lease payments

 

 

21,885

 

 

 

4,883

 

Less imputed interest

 

 

(1,558

)

 

 

(317

)

     Total lease liability

 

$

20,327

 

 

$

4,566