v3.26.1
LEASES
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
LEASES LEASES
We have an operating lease arrangement for our corporate offices and manufacturing and research operations that extends through 2035.
The components of lease cost were as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Operating lease cost$90 $70 $180 $70 
Short-term lease cost (1)
1 52 1 116 
Variable lease cost (2)
14 11 27 11 
Total lease cost$105 $133 $208 $197 
(1) Includes amounts related to leases with original terms of 12 months or less and our company has elected the short-term lease exemption.
(2) Includes amounts related to common area maintenance, property taxes and any other lease-related charges that vary based on usage or actual costs and are not included in the operating lease liability.
As of June 30, 2026, the maturities under the operating lease liability were as follows (in thousands):
2026$166 
2027338 
2028348 
2029359 
2030369 
Thereafter1,875 
Total operating lease payments3,455 
Less: imputed interest(1,052)
Total operating lease liability$2,403