Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Maturities of Lease Liabilities

Lease payments assumed by the Assignee are:

 

Payments due in the 12-month period ending June 30,

 

 

 

2026

 

$

1,136

 

2027

 

 

1,136

 

2028

 

 

1,136

 

2029

 

 

1,136

 

2030

 

 

1,136

 

Thereafter

 

 

1,041

 

Total

 

$

6,721

 

 

Maturities of lease liabilities due in the 12-month period ending June 30,

 

 

 

 

 

2026

 

$

3,629

 

 

 

2027

 

 

3,924

 

 

 

2028

 

 

3,650

 

 

 

2029

 

 

3,322

 

 

 

2030

 

 

3,306

 

 

 

Thereafter

 

 

2,904

 

 

 

 

 

 

20,735

 

 

 

Less imputed interest

 

 

(1,698

)

 

 

Total lease liabilities

 

$

19,037

 

 

 

 

 

 

 

 

 

Operating lease liability - current

 

$

3,082

 

 

 

Operating lease liability - noncurrent

 

 

15,955

 

 

 

Total lease liabilities

 

$

19,037

 

 

 
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:

 

 

Six months ended

 

 

 

June 30,

 

 

 

2025

 

 

2024

 

Cash paid for operating lease liabilities

 

$

1,902

 

 

$

2,290

 

Operating lease cost

 

 

1,859

 

 

 

2,163

 

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

 

 

1,327

 

 

 

1,566

 

Weighted-average remaining lease term

 

3.6 years

 

 

2.7 years

 

Weighted-average discount rate

 

 

6.6

%

 

 

4.9

%