Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.1
Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Maturities of Lease Liabilities

Lease payments assumed by the Assignee are:

 

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

 

 

 

2026

 

$

1,136

 

2027

 

 

1,136

 

2028

 

 

1,136

 

2029

 

 

1,136

 

2030

 

 

1,136

 

Thereafter

 

 

1,325

 

Total

 

$

7,005

 

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

 

 

 

 

 

2026

 

$

3,481

 

 

 

2027

 

 

3,767

 

 

 

2028

 

 

3,630

 

 

 

2029

 

 

3,238

 

 

 

2030

 

 

3,199

 

 

 

Thereafter

 

 

3,615

 

 

 

 

 

 

20,930

 

 

 

Less imputed interest

 

 

(1,718

)

 

 

Total lease liabilities

 

$

19,212

 

 

 

 

 

 

 

 

 

Operating lease liability - current

 

$

2,945

 

 

 

Operating lease liability - noncurrent

 

 

16,267

 

 

 

Total lease liabilities

 

$

19,212

 

 

 

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:

 

 

Three months ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

Cash paid for operating lease liabilities

 

$

946

 

 

$

1,115

 

Operating lease cost

 

 

935

 

 

 

1,056

 

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

 

 

551

 

 

 

1,224

 

Weighted-average remaining lease term

 

3.1 years

 

 

3.0 years

 

Weighted-average discount rate

 

 

5.8

%

 

 

4.8

%