v3.26.3
Leases
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Leases Leases
Operating lease cost details for the three and nine months ended September 30, 2026 and 2025 are as follows:
Three Months Ended
September 30,
Nine Months Ended September 30,
(In thousands)2026202520262025
Building rent$310 $268 $874 $700 
Automobile rentals327 358 975 973 
Total net operating lease costs$637 $626 $1,849 $1,673 
At September 30, 2026, the Company’s weighted average remaining lease term for its operating leases is 4.2 years, and the weighted average discount rate for its operating leases is 6%.
During the nine months ended September 30, 2026, there were $2.6 million of operating cash payments for lease liabilities and $2.5 million of right-of-use assets obtained in exchange for new lease liabilities.
Maturities of the Company’s operating leases as of September 30, 2026 are as follows:
(In thousands)As of
September 30, 2026
2026$607 
20272,644 
20282,549 
20291,584 
2030823 
Later years1,269 
Less imputed interest(1,085)
Total lease liabilities$8,391