v3.26.1
Lease liabilities
12 Months Ended
Dec. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
Lease liabilities ease liabilities
The table below present the carrying amounts of lease liabilities and the movements during the period:
Lease liabilitiesCurrentNon-current
(In thousands)
As at January 1, 2023$3,569 $1,291 $2,278 
Additions767 
Disposals(414)
Interests expense479 
Foreign exchange loss (gain)36 
Payments(1,321)
As at December 31, 2023$3,116 $1,471 $1,645 
Additions462 
Disposals(706)
Interests expense321 
Foreign exchange loss (gain)87 
Payments(1,508)
As at December 31, 2024$1,772 $1,439 $333 
Additions1,255 
Disposals(302)
Interests expense229 
Foreign exchange loss (gain)463 
Payments(1,591)
As at December 31, 2025$1,826 $601 $1,225 
Identified lease contracts mainly relate to real-estate rental agreements. In 2025, the new lease liabilities were discounted at an incremental borrowing rate of 28.3%.
The rental charges relating to short-term and low value leases remained classified as operating expenses in the Consolidated Statements of Operations and amounted to $1,434,000 for the year ended December 31, 2025 ($1,737,000 and $1,559,000 for the years ended December 31, 2024 and 2023, respectively).