v3.26.1
Lease Obligations
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Lease Obligations

(7) Lease Obligations

 

Operating Leases

The following table presents rent expense for the Company’s office leases recorded in other expenses on the condensed consolidated statements of operations for the following periods:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Rent expense for office leases

 

$

464

 

 

$

473

 

 

$

928

 

 

$

967

 

 

The Company entered into a sublease of its former corporate office space in December 2022. As a result of the sublease, future lease payments will be offset by $1,842 annually from July 2023 through August 2029.