v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases  
Schedule of Lease Cost

The components of lease cost for the three months and six months ended June 30, 2026 and 2025 were as follows (In thousands):

 

  

Three Months Ended

June 2026

  

Six Months Ended

June 2026

 
Lease Cost  Amount   Amount 
Operating lease cost  $78    128 
Short-term lease cost   60    119 
Total lease cost  $138    247 
Schedule of Supplemental Cash Flows Information Related to Operating Lease

Supplemental balance sheet information related to the Company’s operating lease as of June 30, 2026, is as follows (In thousands):

 

  

As of

June 30, 2026

 
Operating lease right-of-use asset  $961 
Operating lease liability, current portion   298 
Operating lease liability, non-current portion   736 
Total operating lease liability  $1,034 
Schedule of Future Minimum Lease Payments Under the Operating Lease

Future minimum lease payments under the operating lease as of June 30, 2026, are as follows (In thousands):

 

   Operating Leases 
2026 (remaining six months)  $163 
2027   328 
2028   328 
2029   274 
Total future minimum lease payments   1,093 
Less: present value discount   (59)
Present value of lease liability  $1,034 
Schedule of Cash Flow Information Related to Operating Lease

Supplemental cash flow and other information related to the Company’s operating lease for the six months ended June 30, 2026, are as follows (In thousands):

 

   Amount 
Amortization of right-of-use asset  $128 
Cash paid for amounts included in the measurement of lease liability   55 
Right-of-use asset obtained in exchange for new operating lease liability   1,074 
Remaining lease term (in years)   3.5 
Discount rate (as a percentage)   3.45%