v3.26.1
LEASES
6 Months Ended
Jun. 30, 2026
LEASES  
LEASES

NOTE 3 - LEASES

As of June 30, 2026, and December 31, 2025, total right-of-use assets was approximately $106 and $208 and the operating lease liabilities for remaining long term lease was approximately $113 and $208, respectively. In the six months ended June 30, 2026 and in the year ended December 31, 2025, the Company recognized approximately $279 and $712, respectively, in total lease costs. Variable lease costs for these periods were immaterial.

Supplemental cash flow and total lease cost information was as follows:

Six Months Ended

Six Months Ended

June 30, 

June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Cash payments for operating leases

279

 

342

Operating lease expense

276

 

338

Finance lease expense (income)

10

76

NOTE 3 – LEASES (Cont.):

As of June 30, 2026, the Company’s operating leases had a weighted average remaining lease term of 0.50 year and a weighted average discount rate of 6.75%. Future lease payments under operating leases as of June 30, 2026 were as follows:

  ​ ​ ​

Operating

Leases

2026

 

115

Total future lease payments

 

115

Less imputed interest

 

(2)

Total lease liability balance

113