Leases (Tables)

6 Months Ended

Jun. 30, 2026

The following table summarizes lease cost for the six months ended June 30, 2026 and 2025:


	Six Months Ended June 30,
Lease cost	2026		2025
Operating lease cost	$	454	$	523
Finance lease cost:
Amortization of right of use asset		1,077		1,077
Interest on lease liabilities		946		945
Total lease cost	$	2,477	$	2,545

The following table summarizes the future lease payments of the Company’s operating lease liabilities on an undiscounted cash flow basis:


Fiscal Year Ending December 31,	Amounts
2026 (six months)	$	513
2027		872
2028		638
2029		627
2030		557
Thereafter		1,323
Total lease payments	$	4,530
Less: interest		(1,003	)
Total operating lease liabilities	$	3,527

The following table summarizes the future lease payments of the Company’s finance lease liability on an undiscounted cash flow basis:


Fiscal Year Ending December 31,	Amounts
2026 (six months)	$	963
2027		1,969
2028		2,028
2029		2,089
2030		2,152
Thereafter		36,763
Total lease payments	$	45,964
Less: interest		(24,693	)
Total finance lease liability	$	21,271

The following table summarizes the operating and financing lease liabilities and right-of-use assets as of June 30, 2026 and December 31, 2025:


Leases	June 30, 2026		December 31, 2025
Operating right-of-use assets	$	3,190	$	3,210

Operating current lease liabilities	$	1,039	$	1,003
Operating noncurrent lease liabilities		2,488		2,600
Total operating lease liabilities	$	3,527	$	3,603

Finance right-of-use assets	$	39,132	$	40,209

Finance current lease liability	$	1,940	$	1,912
Finance noncurrent lease liability		19,331		19,362
Total finance lease liability	$	21,271	$	21,274


	Six Months Ended June 30,
Other Information	2026			2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	510		$	500
Cash flows from finance lease	$	948		$	921

	As of June 30,
	2026			2025
Weighted-average remaining lease term - operating leases		5.7 years			6.4 years
Weighted-average remaining lease term - finance lease		18.2 years			19.2 years
Weighted-average discount rate - operating leases		8.94	%		8.83	%
Weighted-average discount rate - finance lease		8.96	%		8.96	%