v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Leasing Activities The Company’s leasing activities are as follows (in thousands):

 

 

 

For the Three Months Ended

 

 

 

March 31, 2026

 

 

March 31, 2025

 

Operating lease cost

 

$

101

 

 

$

87

 

Short-term lease cost

 

 

-

 

 

 

-

 

Total lease cost

 

$

101

 

 

$

87

 

 

 

 

For the Three Months Ended

 

 

 

March 31, 2026

 

 

March 31, 2025

 

Other information:

 

 

 

 

 

 

Cash paid for operating leases

 

$

101

 

 

$

96

 

Weighted-average remaining lease term - operating lease

 

 

1.57

 

 

 

2.23

 

Weighted-average discount rate - operating lease

 

 

10

%

 

 

10

%

 

 

Schedule of Future Minimum Rental Payments for Operating Leases

The future minimum lease payments as of March 31, 2026, were as follows (in thousands):

 

Year

 

Related-Party Commitment

 

2026

 

$

304

 

2027

 

 

83

 

2028

 

 

71

 

Total minimum lease payments

 

$

458

 

Less: imputed interest

 

$

(33

)

Total lease liabilities

 

$

425