v3.26.1
Operating Leases (Tables)
6 Months Ended
Jun. 30, 2026
Operating Leases  
Schedule of operating lease expense recognized in financial statements

The table below summarizes the amounts recognized in the condensed consolidated financial statements related to operating leases for the periods presented (in thousands):

For the Three Months Ended

For the Six Months Ended

June 30, 

June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Rent expense for long-term operating leases

$

378

$

314

$

757

$

629

Rent expense for short-term leases

 

124

 

48

197

89

Total rent expense

$

502

$

362

$

954

$

718

Schedule of net present value of operating lease liability

The following table presents the maturity profile of the Company’s operating lease liabilities based on the contractual undiscounted payments with a reconciliation of these amounts to the remaining net present value of the operating lease liability reported in the condensed consolidated balance sheet as of June 30, 2026 (in thousands):

Year                                                             

  ​ ​ ​

Amount

Remaining for 2026

$

785

2027

 

1,550

2028

 

1,163

2029

 

724

2030 and thereafter

 

192

Total lease payments

 

4,414

Less: Interest

 

(582)

Net present value of lease liabilities

$

3,832

 

Current portion

$

1,287

Long-term portion

 

2,545

Total

$

3,832

Schedule of supplemental information, weighted average remaining lease terms and discount rates

The supplemental information, weighted average remaining lease terms and discount rates for all of the Company’s operating leases as of June 30, 2026 were as follows:

Cash paid for amounts included in the measurement of lease liabilities (in thousands):

  ​ ​ ​

Operating cash flows from operating leases

$

757

Right-of-use assets obtained in exchange for new operating lease liabilities

$

37

Weighted-average lease term remaining (in months)

33

Weighted-average discount rate

 

9.14

%