v3.26.1
Lease Commitments (Tables)
 12 Months Ended
Dec. 31, 2025
Lease Commitments  
Schedule of Components of Rent Expense and Supplemental Cash Flow Information

The components of rent expense and supplemental cash flow information related to leases for the period are as follows (tables in thousands):

 

   Year Ended
December 31, 2025		   Year Ended
December 31, 2024		 
Lease Cost          
Operating lease cost (included in operating expenses in the Company’s consolidated statements of operations)  $410   $393 
           
Other Information          
Cash paid for amounts included in the measurement of lease liabilities  $400   $265 
Weighted average remaining lease term – operating leases (in years)   4.3    5.2 
Average discount rate – operating leases   6.4%   6.4%
Schedule of Supplemental Balance Sheet Information

The supplemental balance sheet information related to leases for the period is as follows (tables in thousands):

 

   At
December 31, 2025		   At
December 31, 2024		 
Operating leases          
Long-term right-of-use assets of which $102 and $152 relates to related party, respectively, net of accumulated amortization of $570 and $266, respectively  $1,390   $1,694 
           
Short-term operating lease liabilities, of which $56 and $49 relates to related party, respectively   334    301 
Long-term operating lease liabilities, of which $47 and $104 relates to related party, respectively   1,171    1,505 
Total operating lease liabilities  $1,505   $1,806 
Schedule of Maturities of Lease Liabilities

 

Year ending December 31,  (in thousands) 
2026   419 
2027   415 
2028   376 
2029   249 
2030 and thereafter   264 
Total minimum operating lease payments  $1,723 
Less: present value discount   (218)
Total operating lease liabilities  $1,505