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Lease Obligations (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Aggregate Lease Expense Under Operating Leases
Lease expense under operating and finance leases was as follows (in thousands):
Three Months Ended March 31,
20252024
Operating lease expense$544 $590 
Finance lease expense:
Amortization of right-of-use assets$538 $407 
Interest on lease liabilities94 77 
Total finance lease expense$632 $484 
Supplemental cash flow information related to leases was as follows (in thousands):
Three Months Ended March 31,
20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases$94 $77 
Operating cash flows for operating leases$385 $525 
Financing cash flows for finance leases$516 $390 
Operating lease assets obtained in exchange for operating lease liabilities:$115 $156 
Finance lease assets obtained in exchange for finance lease liabilities:$679 $103 
Non-cash increase to operating lease assets due to remeasurement of operating lease liabilities:$— $365 
Other Supplemental Information Related to Leases
Other supplemental information related to leases was as follows:
March 31, 2025December 31, 2024
Weighted average remaining lease term:
Operating leases8.9 years9.0 years
Finance leases2.7 years2.6 years
Weighted average discount rate:
Operating leases10.92 %10.91 %
Finance leases9.10 %8.66 %
Balance Sheets of the Company's Operating Leases
The following table summarizes the presentation in the Condensed Consolidated Balance Sheets of the Company’s operating leases (in thousands):
Balance Sheet LocationMarch 31, 2025December 31, 2024
Operating lease assets:
Operating lease assets, netRight of use assets$7,891 $8,061 
Operating lease liabilities:
Current operating lease liabilitiesOperating lease liabilities – current liabilities$1,071 $937 
Non-current operating lease liabilitiesOperating lease liabilities – long-term liabilities7,779 7,924 
Total operating lease liabilities$8,850 $8,861 
The following table summarizes the presentation in the Condensed Consolidated Balance Sheets of the Company’s finance leases (in thousands):
Balance Sheet LocationMarch 31, 2025December 31, 2024
Finance lease assets:
Finance lease assets, netRight of use assets$4,091 $3,947 
Finance lease liabilities:
Current finance lease liabilitiesFinance lease liabilities – current liabilities$1,795 $1,835 
Non-current finance lease liabilitiesFinance lease liabilities – long-term liabilities2,314 2,124 
Total finance lease liabilities$4,109 $3,959 
Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of March 31, 2025 are as follows (in thousands):
Operating LeasesFinance Leases
2025 (remaining)$1,509 $1,692 
20261,790 1,487 
20271,705 1,017 
20281,401 451 
2029996 
Thereafter6,922 — 
Total lease payments14,323 4,653 
Less imputed interest(5,473)(544)
Total$8,850 $4,109