Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.25.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Right-of-Use Assets and Operating Lease Liabilities

Information related to the Company’s right-of-use assets and related operating lease liabilities were as follows:

 

 

 

Year ended

 

 

Year ended

 

 

 

December 31,
2024

 

 

December 31,
2023

 

Cash paid for operating lease liabilities

 

$

4,391

 

 

$

4,044

 

Operating lease cost

 

 

4,173

 

 

 

3,979

 

Non-cash right-of-use assets obtained in exchange for new operating lease obligations

 

 

1,838

 

 

 

1,781

 

Weighted-average remaining lease term

 

3.2 years

 

 

2.9 years

 

Weighted-average discount rate

 

 

5.7

%

 

 

4.5

%

Schedule of Maturities of Lease Liabilities

Lease payments assumed by the Assignee are:

Payments due in the 12-month period ending December 31,

 

 

 

2025

 

$

1,136

 

2026

 

 

1,136

 

2027

 

 

1,136

 

2028

 

 

1,136

 

2029

 

 

1,136

 

Thereafter

 

 

1,609

 

 

 

$

7,289

 

 

Maturities of lease liabilities due in the 12-month period ending December 31,

 

 

 

 

 

2025

 

$

3,336

 

 

 

2026

 

 

3,649

 

 

 

2027

 

 

3,606

 

 

 

2028

 

 

3,179

 

 

 

2029

 

 

3,093

 

 

 

Thereafter

 

 

4,264

 

 

 

 

 

 

21,127

 

 

 

Less imputed interest

 

 

(1,721

)

 

 

Total lease liabilities

 

$

19,406

 

 

 

 

 

 

 

 

 

Operating lease liability - current

 

 

2,812

 

 

 

Operating lease liability - noncurrent

 

 

16,594

 

 

 

Total lease liabilities

 

$

19,406