Leases (Tables)

6 Months Ended

Jun. 30, 2026

Leases [Abstract]

Schedule of Components of Company's Lease Costs

Components of the Company’s lease costs were as follows (in thousands):


		For The Six Months Ended June 30,
		2026				2025
Operating lease cost, included in General & Administrative expenses on the Consolidated Statements of Operations		$	697			$	778
Finance lease cost:
Amortization of assets, included in General & Administrative expenses on the Consolidated Statements of Operations			1,207				1,247
Interest on lease liabilities, included in Interest expense on the Consolidated Statements of Operations			300				355
Total finance lease cost		$	1,507			$	1,602
Variable lease cost, included in General & Administrative expenses on the Consolidated Statements of Operations		$	326			$	582
Short-term lease cost, included in General & Administrative expenses on the Consolidated Statements of Operations		$	36			$	55

Schedule of Supplemental Cash Flow Information Related To Operating And Financing Leases

Supplemental balance sheet information related to the Company’s operating and financing leases were as follows (in thousands):



Operating Leases		June 30, 2026				December 31, 2025
Right of use assets		$	6,086			$	4,878
Lease liability		$	6,293			$	5,800
Finance Leases
Right of use assets		$	11,374			$	12,598
Lease liability		$	14,254			$	15,587

Schedule of Weighted-Average Remaining Lease Term and Discount Rate for Operating and Financing Leases

Weighted-average remaining lease term and discount rate for the Company’s operating and financing leases for the periods presented below were as follows:


Weighted-average remaining lease term		June 30, 2026				December 31, 2025
Operating lease			8.05		yrs.		2.10		yrs.
Finance lease			4.75		yrs.		5.22		yrs.
Weighted-average discount rate
Operating lease			6.17		%		5.33		%
Finance lease			4.1		%		4.12		%

Schedule of Maturities of Lease Liabilities for Financing and Operating Leases

Maturities of lease liabilities by fiscal year for the Company’s operating and financing leases were as follows (in thousands):


		Financing Lease				Operating Lease
2026 - remaining		$	1,580			$	631
2027			3,190				1,241
2028			3,270				1,272
2029			3,351				1,182
2030			3,436				466
2031 and thereafter			864				3,392
Total lease payments			15,691				8,184
Less: imputed interest			1,437				1,891
Present value of lease liabilities		$	14,254			$	6,293