Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Lease Cost
The table below presents certain information related to lease costs for the Company’s operating leases (amounts in thousands):
Three Months Ended March 31,
2026 2025
Operating lease expense $ 376  $ 357 
Short-term lease expense 153  144 
Total lease cost $ 529  $ 501 
Schedule of Weighted Average Remaining Lease Term and Discount Rate
The following table presents the weighted average remaining lease term and the weighted average discount rate related to operating leases:
March 31, 2026 December 31, 2025
Weighted average remaining lease term (in years) - operating leases 3.0 3.2
Weighted average discount rate - operating leases 8.42  % 8.33  %
Schedule of Future Lease Payments
The following table presents the maturities of lease liabilities (amounts in thousands):
Years Ended December 31, Operating
Leases
2026 (remaining) $ 1,557 
2027 1,924 
2028 1,345 
2029 196 
2030 123 
Thereafter 280 
Total minimum lease payments 5,425 
Less effects of discounting (656)
Present value of future minimum lease payments $ 4,769