v3.26.1
Leases, Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Leases Commitments And Contingencies  
Schedule of Company's Operating lease

Classification of the Company’s operating lease on the balance sheets are as follows (in thousands):

 

 

Years Ended December 31,

 

 

2025

 

 

2024

 

Assets

 

 

 

 

 

 

Right-of-use operating asset

 

$

190

 

 

$

278

 

Liability

 

 

 

 

 

 

Operating lease liability – current

 

$

105

 

 

$

66

 

Operating lease liability – noncurrent

 

 

107

 

 

 

212

 

Total liability

 

$

212

 

 

$

278

 

Schedule of Lease expense and Cash Paid

Lease expense and cash paid by lease type that was recognized during the years ended December 31, 2025 and 2024 are as follows (in thousands):

 

 

Years Ended December 31,

 

 

2025

 

 

2024

 

Operating lease

 

$

108

 

 

$

9

 

Short-term lease

 

 

6

 

 

 

76

 

Total lease expense

 

$

114

 

 

$

85

 

Schedule of Minimum Lease Payment

The minimum lease payments are expected to be as follows for the years ending December 31, (in thousands):

 

2026

 

$

118

 

2027

 

 

111

 

Total lease payments

 

$

229

 

Less imputed interest

 

 

(17

)

Present value of operating lease liability

 

$

212