v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases  
Schedule of Quantitative Information Regarding Operating Lease

Quantitative information regarding the Company’s operating lease liabilities is as follows (in thousands):

 

 

Year Ended December 31,

 

 

2025

 

 

2024

 

Operating Lease Cost

 

 

 

 

 

 

Operating lease cost

 

$

785

 

 

$

664

 

Other Information

 

 

 

 

 

 

Operating cash flows paid for amounts included in the
   measurement of lease liabilities

 

$

751

 

 

$

645

 

Operating lease liabilities arising from obtaining right-of
   -use assets

 

$

851

 

 

$

364

 

Weighted average remaining lease term (years)

 

 

3.25

 

 

 

3.61

 

Weighted average discount rate

 

 

8.70

%

 

 

9.83

%

 

Schedule of Future Lease Payments Under Noncancelable Operating Leases

Future lease payments under noncancelable operating lease liabilities are as follows as of December 31, 2025 (in thousands):

 

 

Operating
Leases

 

Future Lease Payments

 

 

 

2026

 

$

655

 

2027

 

 

582

 

2028

 

 

262

 

2029

 

 

164

 

2030

 

 

176

 

Thereafter

 

 

 

Total lease payments

 

$

1,839

 

Less: imputed interest

 

 

(236

)

Total operating lease liabilities

 

$

1,603

 

Less current portion

 

 

(544

)

Operating lease liabilities - noncurrent

 

$

1,059

 

Schedule of Quantitative Information Regarding the Company's Finance Lease Liabilities

Quantitative information regarding the Company’s finance lease liabilities is as follows (in thousands):

 

 

Year Ended December 31,

 

 

2025

 

 

2024

 

Finance Lease Cost

 

 

 

 

 

 

Interest on lease liabilities

 

$

86

 

 

$

69

 

Other Information

 

 

 

 

 

 

Operating cash flows paid for amounts included in the
   measurement of finance lease liabilities

 

$

131

 

 

$

101

 

Amortization of right-of-use assets

 

$

106

 

 

$

43

 

Weighted average remaining lease term (years)

 

 

3.6

 

 

 

4.4

 

Weighted average discount rate

 

 

13.1

%

 

 

13.1

%

Schedule of Future Lease Payments Under Noncancelable Finance Leases

Future lease payments under noncancelable finance lease liabilities are as follows as of December 31, 2025 (in thousands):

 

 

Finance
Leases

 

Future Lease Payments

 

 

 

2026

 

$

241

 

2027

 

 

235

 

2028

 

 

194

 

2029

 

 

75

 

2030

 

 

25

 

Thereafter

 

 

49

 

Total lease payments

 

$

819

 

Less: imputed interest

 

 

(181

)

Total lease liabilities

 

$

638

 

Less current portion

 

 

(167

)

Finance lease liabilities - noncurrent

 

$

471

 

Net Investment in Sales Type Leases

The Company’s net investment in sales-type leases were comprised of the following (in thousands):

 

 

 

December 31, 2025

 

Total undiscounted cash flows

 

$

1,099

 

Present value discount

 

 

(657

)

Net investment in sales-type leases

 

$

442

 

Less current portion

 

$

(16

)

Net investment in sales-type leases - noncurrent

 

$

426

 

Future Minimum Lease Payments Under Sales-type Leases

Future minimum lease payments to be collected under sales-type leases, excluding lease payments that are not fixed and determinable, as of December 31, 2025 are as follows (in thousands):

 

Sales-type
Leases

 

Future Lease Payments To Be Collected

 

 

 

2026

 

$

113

 

2027

 

 

113

 

2028

 

 

113

 

2029

 

 

113

 

2030

 

 

112

 

Thereafter

 

 

535

 

Total undiscounted cash flows

 

$

1,099