The
components of lease cost for the Company’s leases were as follows (in thousands):
| | |
Year Ended December 31, | |
| | |
2025 | | |
2024 | |
| Operating Leases: | |
| | |
| |
| Lease cost | |
$ | 147 | | |
$ | 159 | |
| | |
| | | |
| | |
| Finance Leases: | |
| | | |
| | |
| Amortization of ROU assets | |
| 5 | | |
| 1 | |
| Interest on lease liability | |
| 1 | | |
| 1 | |
| | |
| | | |
| | |
| Total lease cost | |
$ | 153 | | |
$ | 161 | |
Supplemental
information related to the Company’s leases are as follows:
| | | As of December 31, | | | | | 2025 | | | 2024 | | | Operating lease | | | | | | | | Weighted-average remaining lease term (in years) | | | 1.7 | | | | 2.7 | | | Weighted-average discount rate | | | 8.47 | % | | | 8.47 | % | | Finance lease | | | | | | | | | | Weighted-average remaining lease term (in years) | | | 3.6 | | | | 4.6 | | | Weighted-average discount rate | | | 9.00 | % | | | 9.00 | | Supplemental
cash flow and other information related to our leases were as follows (in thousands):
| |
|
December
31, |
|
| |
|
2025 |
|
|
2024 |
|
| Cash paid for amounts included in the measurement
of lease liabilities: |
|
|
|
|
|
|
| Operating
cash flow from operating leases |
|
$ |
147 |
|
|
$ |
159 |
|
| Operating cash flow from
finance leases |
|
$ |
1 |
|
|
$ |
1 |
|
| Financing cash flow from
finance leases |
|
$ |
3 |
|
|
$ |
2 |
|
| ROU assets obtained in exchange for lease obligations
for: |
|
|
|
|
|
|
|
|
| Operating liabilities |
|
$ |
- |
|
|
$ |
- |
|
| Finance liabilities |
|
$ |
11 |
|
|
$ |
15 |
|
|