v3.25.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
LEASES  
Schedule of quantitative data related to operating and finance leases

December 31,

2025

2024

(In thousands, except weighted-average information)

Right of use assets:

 Finance leases

$

420

$

480

 Operating leases

 

3,620

 

4,352

$

4,040

$

4,832

Lease liabilities:

 

 

 Finance leases

$

530

$

596

 Operating leases

3,891

4,640

$

4,421

$

5,236

Other information:

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

86.4

77.8

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

12.8

13.2

Weighted-average discount rate for finance leases

5.99

%

5.87

%

Weighted-average discount rate for operating leases

4.26

%

3.96

%

For the Year Ended

For the Six Months Ended

For the Fiscal Year Ended

  ​ ​ ​

December 31,

December 31,

  ​ ​ ​

June 30,

2025

2024

2023

2024

(Dollars in thousands)

Lease expense:

 

 

 

 

 Finance lease expense

   Amortization of ROU assets

$

82

$

52

$

49

$

101

   Interest on lease liabilities

32

16

16

32

 Operating lease expense

597

325

321

647

 Variable lease expense

648

118

119

241

Total

$

1,359

$

511

$

505

$

1,021

Other information:

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from finance leases (i.e. interest)

$

32

$

1

$

1

$

32

Finance cash flows from finance leases (i.e. principal portion)

$

88

$

53

$

50

$

102

Operating cash flows from operating leases

$

603

$

319

$

309

$

627

ROU assets obtained in exchange for new finance lease liabilities

$

$

$

$

26

ROU assets obtained in exchange for new operating lease liabilities

$

88

$

$

199

$

199

Schedule of maturities of finance and operating lease liabilities

Finance leases

Operating leases

(Dollars in thousands)

Within the twelve months ended December 31, 

2026

$

36

$

569

2027

36

484

2028

36

421

2029

30

341

2030

30

346

Thereafter

2,520

2,913

Total undiscounted cash flows

2,688

5,074

 Less: present value discount

(2,158)

(1,183)

Total lease liabilities

$

530

$

3,891