LEASE |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| LEASE |
The Group's facilities are leased under several lease agreements.
In addition, the Company has various operating lease agreements with respect to motor vehicles.
Lease expenses of office rent and vehicles for the years ended December 31, 2025, 2024 and 2023 were approximately $ 2,013, $ 2,735and $ 3,545, respectively.
Expenses for short- term leases for the years ended December 31, 2025, 2024 and 2023 were $ 266, $ 199 and $ 229, respectively. Variable lease costs for the years ended December 31, 2025, 2024 and 2023 were $ 917, $ 826 and $831, respectively.
The following table represents the weighted-average remaining lease term and discount rate:
The discount rate was determined based on the estimated collateralized borrowing rate of the Company, adjusted to the specific lease term and location of each lease.
Cash paid for amounts included in measurement of lease liabilities during the years ended 2025, 2024 and 2023 were $2,256, $2,751, and $4,152, respectively.
Maturities of operating lease liabilities were as follows:
During the years ended December 31, 2025, and 2024, the short-term maturities of operating lease liabilities with a term of twelve months or less were $ 266 and $ 199, respectively.
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