v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 30, 2026
LEASES  
Schedule of statements of operations and cash flows related to operating lease liability

  ​ ​ ​

Six Months Ended June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

(amounts, in thousands)

Cash paid in connection with the operating leases

$

863

$

843

Schedule of supplemental balance sheet information related to operating leases

June 30, 

December 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

(amounts, in thousands)

Right-of-use asset

$

10,612

$

10,924

Lease liability - current portion

$

589

$

541

Lease liability - net of current portion

11,596

11,903

Total lease liability

$

12,185

$

12,444

Weighted average discount rate

 

9.8

%

9.8

%

Weighted average remaining lease term

10.3 years

11.4 years

Schedule of components of lease expense

  ​ ​ ​

Three Months Ended June 30, 

2026

  ​ ​ ​

2025

(amounts, in thousands)

Operating lease cost

$

470

$

408

Variable lease cost

177

46

Total lease cost

$

647

$

454

  ​ ​ ​

Six Months Ended June 30, 

2026

  ​ ​ ​

2025

(amounts, in thousands)

Operating lease cost

$

922

$

845

Variable lease cost

349

149

Total lease cost

$

1,271

$

994

Schedule of maturities of the operating lease liability

As of June 30, 2026, the maturities of the operating lease liability are as follows:

Remainder of 2026

  ​ ​ ​

$

873

2027

 

1,777

2028

 

1,819

2029

 

1,863

2030

 

1,907

Thereafter

 

11,643

Future operating lease payments

19,882

Imputed interest

(7,697)

Total operating lease liability

$

12,185