v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Supplemental Cash Flow Information and Lease Expense
Supplemental cash flow information related to leases is as follows (in thousands):
Year Ended December 31,
20252024
Cash paid for amounts included in measurement of lease liabilities:
Operating cash outflows - payments on operating leases$1,368 $1,334 
Operating cash outflows - payments on financing leases$45 $40 
Financing cash outflows - payments on financing leases$30 $35 
The components of lease expense were as follows (in thousands):
Year Ended December 31,
20252024
Operating lease cost$1,218 $1,218 
Financing lease cost - amortization of right-of-use asset37 45 
Financing lease cost - interest on lease liability45 40 
Variable lease cost821 885 
Total lease cost$2,121 $2,188 
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information related to the Company’s operating and financing leases is as follows (in thousands):
Year Ended December 31,
20252024
Operating Leases:
Operating lease assets$3,981 $4,998 
Operating lease liabilities, short-term$1,246 $1,167 
Operating lease liabilities, long-term3,539 4,784 
Total operating lease liabilities$4,785 $5,951 
Financing Leases:
Office furniture and fixtures$386 $386 
Accumulated depreciation(257)(221)
Net property, plant and equipment$129 $165 
Lease liabilities, short-term$53 $47 
Lease liabilities, long-term134 170 
Total financing lease liabilities$187 $217 
Weighted-average remaining lease term - operating leases (in years):3.544.54
Weighted-average remaining lease term - financing leases (in years):3.504.50
Weighted-average discount rate - operating leases:3.8 %3.8 %
Weighted-average discount rate - financing leases:12.0 %12.0 %
Schedule of Future Minimum Lease Commitments Under Operating Leases
Maturities of the Company’s operating lease liabilities as of December 31, 2025 were as follows (in thousands):
Operating Lease Maturities
2026$1,401 
20271,435 
20281,469 
2029805 
Total lease payments$5,110 
Less imputed interest(325)
Total present value of lease liabilities$4,785 
Schedule of Finance Lease Liability Maturities
Maturities of the Company’s financing lease liability as of December 31, 2025 were as follows (in thousands):
Financing Lease Maturities
2026$75 
202775 
202875 
202937 
Total lease payments$262 
Less imputed interest(75)
Total present value of lease liabilities$187