v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Summary of Lease Expense Recognized on Straight-line Basis Over Lease Term

Lease expense for these leases is recognized on a straight-line basis over the lease term. For the three and six months ended June 30, total lease costs are comprised of the following:

 

Summary of Lease Expense Recognized on Straight-line Basis Over Lease Term  

             
(Dollars in thousands) 

Three Months Ended

June 30,

  

Six Months Ended

June 30,

 
   2025   2024   2025   2024 
                 
Operating lease cost  $18   $61   $37   $122 
Short-term lease cost   38    —    38    — 
Total net lease cost  $56   $61   $75   $122 
Schedule of Other Information Related to Leases

Other information related to leases was as follows:

  

  

Six Months Ended

June 30, 2025

 
     
Weighted Average Remaining Lease Term (in years):     
Operating leases   5.36 
      
Weighted Average Discount Rate:     
Operating leases   7.71%

 

(Dollars in thousands) 

Six Months Ended

June 30, 2025

  

Six Months Ended

June 30, 2024

 
         
Supplemental Cash Flows Information:          
Cash paid for amounts included in the measurement of lease liabilities:          
Operating cash flows from operating leases  $41   $123 
           
Non-Cash Activity Right-of-use assets obtained in exchange for lease obligations:          
Operating leases  $-   $- 
Schedule of Maturity of Operating Lease Liabilities

Maturities of noncancellable operating lease liabilities are as follows for the quarter ending June 30:

  

(Dollars in thousands)    
   2025 
2025 (remainder of year)  $41 
2026   82 
2027   82 
2028   29 
2029   29 
Thereafter   88 
Total lease payments   351 
Less: imputed interest   (68)
Total lease obligations   283 
Less: current obligations   63 
Long-term lease obligations  $220