v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Lease Assets and Liabilities

The classification of operating and lease asset and liability balances within the Unaudited Condensed Consolidated Balance Sheets was as follows:

 

 

Financial Statement Line

 

June 30, 2026

 

 

December 31, 2025

 

Assets

 

 

 

 

 

 

 

Operating lease assets

Other assets

 

$

2,830

 

 

$

2,955

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

Operating lease liabilities

Operating lease liability

 

$

3,024

 

 

$

3,135

 

Lease, Cost

The components of lease expenses were as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease expense

$

108

 

 

$

108

 

 

$

214

 

 

$

225

 

Lessee, Operating Lease, Liability, Maturity

At June 30, 2026, future minimum gross lease payments relating to this non-cancellable operating lease agreement were as follows:

 

 

Estimated Remaining Payments

 

2026

$

199

 

2027

 

407

 

2028

 

419

 

2029

 

432

 

2030

 

445

 

Thereafter

 

2,001

 

Total undiscounted future minimum lease payments

 

3,903

 

Less: Imputed interest

 

(879

)

Present value of lease liabilities

$

3,024

 

Weighted Average Lease Terms

Weighted average remaining lease term and discount rate related to operating leases were as follows:

 

 

June 30, 2026

 

 

December 31, 2025

 

Weighted average remaining lease term (months)

 

104

 

 

110

 

Weighted average discount rate

 

5.65

%

 

 

5.65

%