v3.26.1
Operating Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Operating Leases  
Schedule of Net Operating Lease Expense

For the three months ended March 31, 2026 and 2025, the net operating lease expenses were as follows (in thousands):

 

   2026   2025 
   Three months ended March 31, 
   2026   2025 
Operating lease expense  $89   $67 
Sublease income   (14)   (21)
Gain on sublease termination   (56)   - 
Variable lease expense   1    6 
Total lease expense  $20   $52 
Schedule of Operating Lease Right-of-use Assets and Liabilities

The tables below show the beginning balances of the operating ROU assets and lease liabilities as of January 1, 2026 and the ending balances as of March 31, 2026, including the changes during the period (in thousands).

 

   Operating Lease
ROU Assets		 
     
Operating lease ROU assets at January 1, 2026  $453 
Remeasurement of ROU asset   (26)
Amortization of operating lease ROU assets   (78)
Operating lease ROU assets at March 31, 2026  $349 

 

   Operating Lease
Liabilities		 
Operating lease liabilities at January 1, 2026  $490 
Remeasurement of lease liability   (26)
Principal payments on operating lease liabilities   (75)
Operating lease liabilities at March 31, 2026   389 
Less non-current portion   (226)
Current portion at March 31, 2026  $163 
Maturities of Operating Lease Liabilities

 

   As of
March 31,
2026		 
2026  $143 
2027   190 
2028   95 
Total payments   428 
Less imputed interest   (39)
Total operating lease liabilities  $389