v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Summary of Company's Lease Information

For the three months ended March 31, 2026 and 2025, a summary of the Company’s lease information is shown below:

 

 

 

Three Months Ended March 31,

 

(In thousands)

 

2026

 

 

2025

 

Lease cost:

 

 

 

 

 

 

Operating lease costs

 

$

185

 

 

$

194

 

Other information:

 

 

 

 

 

 

Cash paid for operating leases

 

$

128

 

 

$

201

 

Scheduled Future Maturities and Present Value of Operating Lease Liabilities

As of March 31, 2026, scheduled future maturities and present value of the operating lease liabilities are as follows:

 

(In thousands)

 

 

 

Year

 

March 31, 2026

 

Remainder of 2026

 

$

391

 

2027

 

 

737

 

2028

 

 

859

 

2029

 

 

596

 

2030

 

 

327

 

2031

 

 

336

 

Total maturities

 

$

3,246

 

Present value included in condensed consolidated balance sheet:

 

 

 

Current portion of operating lease liabilities

 

$

391

 

Noncurrent operating lease liabilities

 

 

2,329

 

Total operating lease liabilities

 

$

2,720

 

Difference between the maturities and related present value of operating lease liabilities

 

$

526