v3.26.1
Leases
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
Our remaining leases consist of operating lease agreements principally related to our corporate office location. Currently, we do not enter into any financing lease agreements. Our leases have remaining lease terms of approximately 2 years to 7 years, some of which generally include renewal options of varying terms.
Our total lease expense amounted to approximately $0.2 million and $0.9 million for the three months ended March 31, 2026 and 2025, respectively. Our lease expense is generally based on fixed payments stated within the agreements. Any variable payments for non-lease components and other short term lease expenses are not considered material.
Additional Information
Additional information related to our right of use assets and related lease liabilities is as follows:
 March 31, 2026
Cash paid for operating lease liabilities (in thousands)$109 
Weighted average remaining lease term (years)6.10
Weighted average discount rate5.3 %
Maturities of our operating lease liabilities as of March 31, 2026 are as follows:
Operating Leases
(In thousands)
Remainder of 2026$440 
2027412 
2028276 
2029271 
2030278 
Thereafter626 
Total2,303 
Less: imputed interest(420)
Total lease liabilities$1,883