v3.26.1
Leases
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
Our remaining leases consist of operating lease agreements principally related to our corporate office location. Currently, we do not enter into any financing lease agreements. Our leases have remaining lease terms of approximately 1 year to 7 years, some of which generally include renewal options of varying terms.
Our total lease expense amounted to approximately $0.2 million and $0.9 million for the three months ended June 30, 2026 and 2025, respectively, and $0.4 million and $1.8 million for the six months ended June 30, 2026 and 2025, respectively. Our lease expense is generally based on fixed payments stated within the agreements. Any variable payments for non-lease components and other short term lease expenses are not considered material.
Additional Information
Additional information related to our right of use assets and related lease liabilities is as follows:
June 30, 2026
Cash paid for operating lease liabilities (in thousands)$219 
Weighted average remaining lease term (years)5.94
Weighted average discount rate5.4 %
Maturities of our operating lease liabilities as of June 30, 2026 are as follows:
Operating Leases
(In thousands)
Remainder of 2026$221 
2027412 
2028276 
2029271 
2030278 
Thereafter626 
Total2,084 
Less: imputed interest(312)
Total lease liabilities$1,772