v3.26.1
Leases (Tables) - C.C. Carlton Industries, Ltd.
 3 Months Ended
Mar. 31, 2026
Lessee, Lease, Description [Line Items]  
Summary of Lease Cost

Lease cost is as follows (in thousands):

 

 

 

For the three months ended March 31, 2026

 

 

For the three months ended March 31, 2025

 

Operating lease cost

 

$

323

 

 

$

377

 

Finance lease cost

 

 

277

 

 

 

650

 

 

$

600

 

 

$

1,027

 
Summary of Cash Paid for Amounts Included in Measurement of Lease Obligations

Cash paid for amounts included in the measurement of lease obligations are as follows (in thousands):

 

 

 

For the three months ended March 31, 2026

 

 

For the three months ended March 31, 2025

 

Operating leases

 

$

349

 

 

$

416

 

Finance leases

 

 

296

 

 

 

747

 

 

$

645

 

 

$

1,163

 
Summary of Additional Lease Information

Additional lease information is as follows:

 

 

 

As of March 31, 2026

 

 

As of December 31, 2025

 

Weighted-average remaining lease term - operating leases

 

 

2.45

 

 

 

2.80

 

Weighted-average remaining lease term - finance leases

 

 

1.12

 

 

 

1.37

 

Weighted-average discount rate - operating leases

 

 

5.15

%

 

 

4.95

%

Weighted-average discount rate - finance leases

 

 

9.26

%

 

 

8.03

%
Summary of Aggregate Annual Lease Obligations

The aggregate annual lease obligations as of March 31, 2026 are as follows (in thousands):

 

 

 

Operating Leases

 

 

Finance Leases

 

Remaining nine months of 2026

 

$

897

 

 

$

1,314

 

2027

 

 

322

 

 

 

3,112

 

2028

 

 

479

 

 

 

—

 

2029

 

 

—

 

 

 

—

 

2030

 

 

—

 

 

 

—

 

Thereafter

 

 

—

 

 

 

—

 

 

 

1,698

 

 

 

4,426

 

Less imputed interest

 

 

(105

)

 

 

(355

)

Net lease obligation

 

$

1,593

 

 

$

4,071