v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases  
Schedule of Operating Leases Right of Use Asset

The following table presents the components of the Company’s operating leases on its consolidated balance sheets for the periods presented:

  

   June 30, 2025   December 31, 2024 
   (In thousands) 

Operating leases:

    
Office space  $1,223   $1,083 
Vehicles and equipment   621    240 
Total right–of–use asset  $1,844   $1,323 
           
Office space  $1,560   $1,141 
Vehicles and equipment   391    225 
Total lease liability  $1,951   $1,366 
Schedule of Weighted-average Remaining Lease Terms and Discount Rates

The Company’s weighted–average remaining lease terms and discount rates as of June 30, 2025 are as follows:

  

   Operating Leases 
Weighted–average lease term (years)   2.95 
Weighted–average discount rate   10.2%
Schedule of Supplemental Cash Flow Related to Leases

The Company’s supplemental cash flow disclosures related to operating leases are presented below for the periods indicated:

  

   2025   2024 
   Six Months Ended June 30, 
   2025   2024 
   (In thousands) 
Cash paid for amounts included in the measurement of lease liabilities – operating cash flows from operating leases  $355   $83 
Right-of-use assets obtained in exchange for operating liabilities  $812   $270