v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Cost Components of Operating Lease

The cost components of the operating leases were as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Lease cost:

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease expense

 

$

389

 

 

$

409

 

 

$

800

 

 

$

817

 

Variable lease expense(1)

 

 

218

 

 

 

207

 

 

 

437

 

 

 

407

 

 

(1)
Variable lease costs are payments that vary because of changes in facts or circumstances and include common area maintenance and property taxes related to the premises. Variable lease costs are excluded from the calculation of minimum lease payments.
Schedule of Supplemental Lease Information

Supplemental lease information is presented below:

 

 

 

June 30,

 

 

June 30,

 

 

 

 

2026

 

 

2025

 

 

Lease term and discount rate:

 

 

 

 

 

 

 

Weighted-average remaining lease term (years)

 

 

5.6

 

 

 

6.0

 

 

Weighted-average discount rate

 

 

3.7

%

 

 

3.8

%

 

Future Minimum Lease Payments

Future minimum lease payments as of June 30, 2026 were as follows:

 

Year ending December 31:

 

2026

 

$

903

 

2027

 

 

1,138

 

2028

 

 

1,051

 

2029

 

 

1,099

 

2030

 

 

1,137

 

2031 and thereafter

 

 

1,760

 

Total future minimum lease payments

 

$

7,088

 

Less: Imputed interest

 

 

(670

)

Present value of lease liabilities

 

$

6,418