v3.25.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Total Operating Lease Cost
For the years ended December 31, 2025, and 2024, the Company’s total operating lease cost was comprised of the following:
Year Ended December 31,
(in thousands)20252024
Operating lease cost$477 $477 
Variable lease cost64 50 
Total lease cost$541 $527 
Schedule of Maturities of Operating Lease Liabilities
As of December 31, 2025, maturities of the Company's operating lease liabilities, which do not include short-term leases and variable lease payments, are as follows:
(in thousands)
2026$585 
2027600 
2028615 
2029630 
2030646 
Thereafter1,455 
Total Lease Payments4,531 
Less: imputed interest(644)
Present value of total lease liabilities$3,887