Note 4—Leases We have operating and finance leases primarily associated with office and manufacturing facilities and certain equipment. The determination of which discount rate to use when measuring the lease obligation was deemed a significant judgment. Lease cost and supplemental consolidated cash flow information related to operating and finance leases were as follows (in thousands): | | | | | | | | | 2025 | | 2024 | Lease cost: | | | | | | | Operating lease cost | | $ | 615 | | $ | 656 | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | Operating cash flows from operating leases | | $ | 695 | | $ | 717 | Right-of-use assets obtained in exchange for lease obligations: | | | | | | | Operating leases | | $ | — | | $ | 81 |
For each of the fiscal years 2025 and 2024, finance lease costs and cash flows from finance leases were immaterial. Supplemental balance sheet information related to leases was as follows (in thousands): | | | | | | | | | 2025 | | 2024 | Operating Leases | | | | | | | Operating lease right-of-use assets | | $ | 541 | | $ | 1,101 | Other current liabilities | | $ | 619 | | $ | 640 | Operating lease liabilities | | | 23 | | | 641 | Total operating lease liabilities | | $ | 642 | | $ | 1,281 | | | | | | | | Finance Leases | | | | | | | Property and equipment, at cost | | $ | 488 | | $ | 488 | Accumulated depreciation | | | (380) | | | (302) | Property and equipment, net | | $ | 108 | | $ | 186 | Other current liabilities | | $ | 3 | | $ | 4 | Other liabilities | | | — | | | 3 | Total finance lease liabilities | | $ | 3 | | $ | 7 |
The following table includes supplemental information: | | | | | | | | | 2025 | | 2024 | Weighted Average Remaining Lease Term (in years) | | | | | | | Operating leases | | | 1.0 | | | 2.0 | Finance leases | | | 0.6 | | | 1.6 | | | | | | | | Weighted Average Discount Rate | | | | | | | Operating leases | | | 5.5% | | | 5.7% | Finance leases | | | 5.5% | | | 5.5% |
Maturities of lease liabilities as of December 27, 2025 were as follows (in thousands): | | | | | | | | | Operating | | Finance | Fiscal Year | | Leases | | Leases | 2026 | | $ | 639 | | $ | 3 | 2027 | | | 23 | | | — | Total lease payments | | | 662 | | | 3 | Less: imputed interest | | | (20) | | | — | Total | | $ | 642 | | $ | 3 |
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