Commitments and Contingencies |
6 Months Ended |
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Jun. 30, 2026 | |
| Commitments and Contingencies [Abstract] | |
| Commitments and Contingencies | 9. Commitments and Contingencies
The Company recognizes and discloses commitments when it enters into executed contractual obligations with other parties. The Company accrues contingent liabilities when it is probable that future expenditures will be made and such expenditures can be reasonably estimated.
The Company is subject to legal proceedings and claims arising in the normal course of business. Management believes that final disposition of any such matters existing at June 30, 2026, will not have a material adverse effect on the Company’s financial position or results of operations.
Lease commitments
The Company’s lease right of use assets and obligations as of June 30, 2026 and 2025 were $8 thousand and $38 thousand, respectively and there was 0.25 years remaining on its lease commitment. Operating lease expenses for the six months ended June 30, 2026 and 2025 were $16 thousand each.
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