v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
We entered into various arrangements (or leases) that convey the rights to use and control identified underlying assets for a period of time in exchange for consideration.
We lease various offices and equipment. From time to time, we may also enter into an arrangement in which the right to use and control an identified underlying asset is embedded in another type of contract.
The components of lease cost for the Company’s leases are as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Operating Leases:
Lease cost$36 $36 $72 $76 
Finance Leases:
Amortization of ROU assets— 1 11
Interest on lease liability— — ——
Total lease cost$36 37 $73 77 
Supplemental information related to the Company’s leases are as follows:
June 30,
2026		December 31,
2025
Operating lease
Weighted-average remaining lease term (in years)1.62.1
Weighted-average discount rate8.5%8.5%
Finance lease
Weighted-average remaining lease term (in years)3.13.6
Weighted-average discount rate9.0%9.0%
The remaining future minimum lease payments under the Company’s leases are as follows (in thousands):
Operating Leases Finance Leases
Six months ending December 31, 2026$72 $3 
Year ending December 31,
2027147 4 
202812 4 
2029— 1 
Total future minimum lease obligations$231 $12 
Less: imputed interest on lease obligations(15)(2)
Net present value of lease obligations$216 $10 
Net present value of lease obligations – current portion132 3 
Net present value of lease obligations – non-current portion$84 $7 
Supplemental cash flow and other information related to our leases were as follows (in thousands):
June 30,
2026		June 30,
2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating leases$72 $36 
Operating cash flow from finance leases——
Financing cash flow from finance leases12
ROU assets obtained in exchange for lease obligations for:
Operating liabilities——
Finance liabilities——
Leases Leases
We entered into various arrangements (or leases) that convey the rights to use and control identified underlying assets for a period of time in exchange for consideration.
We lease various offices and equipment. From time to time, we may also enter into an arrangement in which the right to use and control an identified underlying asset is embedded in another type of contract.
The components of lease cost for the Company’s leases are as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Operating Leases:
Lease cost$36 $36 $72 $76 
Finance Leases:
Amortization of ROU assets— 1 11
Interest on lease liability— — ——
Total lease cost$36 37 $73 77 
Supplemental information related to the Company’s leases are as follows:
June 30,
2026		December 31,
2025
Operating lease
Weighted-average remaining lease term (in years)1.62.1
Weighted-average discount rate8.5%8.5%
Finance lease
Weighted-average remaining lease term (in years)3.13.6
Weighted-average discount rate9.0%9.0%
The remaining future minimum lease payments under the Company’s leases are as follows (in thousands):
Operating Leases Finance Leases
Six months ending December 31, 2026$72 $3 
Year ending December 31,
2027147 4 
202812 4 
2029— 1 
Total future minimum lease obligations$231 $12 
Less: imputed interest on lease obligations(15)(2)
Net present value of lease obligations$216 $10 
Net present value of lease obligations – current portion132 3 
Net present value of lease obligations – non-current portion$84 $7 
Supplemental cash flow and other information related to our leases were as follows (in thousands):
June 30,
2026		June 30,
2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating leases$72 $36 
Operating cash flow from finance leases——
Financing cash flow from finance leases12
ROU assets obtained in exchange for lease obligations for:
Operating liabilities——
Finance liabilities——