v3.26.1
Operating Lease (Tables)
6 Months Ended
Jun. 30, 2026
Operating Lease [Abstract]  
Schedule of Maturities of Lease Liabilities

As of June 30, 2026, maturities of the Company’s lease liabilities are as follows (in thousands):

 

    Operating Lease  
       
Year ending December 31, 2026   $ 319  
Year ending December 31, 2027     381  
Total lease payments     700  
Less imputed interest rate / present value discount     (29 )
Present value of lease liability     671  
Less current portion     (616 )
Long term portion   $ 55  
Schedule of Remaining Lease Term and Discount Rates

The remaining lease term and discount rates related to the Company’s right of use assets and lease liabilities for its operating leases were as follows:

 

    As of     As of  
    December 31,     June 30,  
    2025     2026  
             
Remaining lease term (in years)      0.25       1.08  
Incremental borrowing rate     10 %     8.75 %