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

Leases (Tables)

v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
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,
2025

 

 

December 31,
2024

 

Cash paid for operating lease liabilities

 

$

3,841

 

 

$

4,391

 

Operating lease cost

 

 

3,730

 

 

 

4,173

 

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

 

 

1,327

 

 

 

1,838

 

Weighted-average remaining lease term

 

3.3 years

 

 

3.2 years

 

Weighted-average discount rate

 

 

6.7

%

 

 

5.7

%

Schedule of Maturities of Lease Liabilities

Lease payments assumed by the Assignee are:

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

 

 

 

2026

 

$

1,136

 

2027

 

 

1,136

 

2028

 

 

1,136

 

2029

 

 

1,136

 

2030

 

 

1,136

 

Thereafter

 

 

473

 

 

 

$

6,153

 

 

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

 

 

 

 

 

2026

 

$

3,654

 

 

 

2027

 

 

3,886

 

 

 

2028

 

 

3,417

 

 

 

2029

 

 

3,329

 

 

 

2030

 

 

3,339

 

 

 

Thereafter

 

 

1,284

 

 

 

 

 

 

18,909

 

 

 

Less imputed interest

 

 

(1,433

)

 

 

Total lease liabilities

 

$

17,476

 

 

 

 

 

 

 

 

 

Operating lease liability - current

 

 

3,163

 

 

 

Operating lease liability - noncurrent

 

 

14,313

 

 

 

Total lease liabilities

 

$

17,476