v3.26.1
Right of use assets
 6 Months Ended
Jun. 30, 2026
Right Of Use Assets  
Right of use assets

 

6.Right of use assets:

 

   June 30,   December 31, 
   2026   2025 
         
Beginning Balance  $543   $401 
           
Depreciation   (166)   (334)
New leases   319    610 
Termination   (88)   (134)
Ending Balance  $608   $543 

 

During the six months ended June 30, 2026, the Company extended the current lease in the Colorado office by 38 months, terminated the lease in Jakarta and extended it at a lower rate. The incremental borrowing rate used in the determination of the lease liability and the right of use assets of the extended leases was 7.94%. The Company recorded a gain on the termination of the lease in Jarkata of $4.