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Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lease, Cost Information regarding the Company’s leases for the years ended December 31 is as follows:
(in thousands)20242023
Operating leases$2,672 $2,754 
Finance leases:
Amortization of lease assets 259 237 
Lease expense$2,931 $2,991 
Sub-lease income(222)(14)
Lease cost$2,709 $2,977 
(a)Leases with an initial term of twelve months or less are not recorded on the Consolidated Balance Sheets.
Lessee Lease Liability Current Noncurrent
Components of the lease liability presented in the Consolidated Balance Sheets for the years ended December 31 are as follows:
(in thousands)20242023
Current:
Operating lease liabilities$2,026 $2,201 
Finance lease liabilities226 170 
Non-current:
Operating lease liabilities3,728 3,792 
Finance lease liabilities376 286 
Total lease liabilities$6,356 $6,449 
Lessee Lease Liability Maturity Table
The future minimum payments for leases that have initial or remaining noncancelable lease terms in excess of one year as of December 31, 2024, are summarized as follows:
Year Ended (in thousands)Operating LeasesFinance LeasesTotal
2025$2,208 $247 $2,455 
20261,690 203 1,893 
2027888 136 1,024 
2028449 55 504 
2029388 — 388 
Thereafter583 — 583 
Total undiscounted payments$6,206 $641 $6,847 
Less: present value adjustment(452)(39)(491)
Lease liabilities$5,754 $602 $6,356 
Lease Other Information
Supplemental lease information for the years ended December 31 is as follows:
20242023
Weighted average remaining lease term (years)
Operating leases 3.883.07
Finance leases2.842.93
Weighted average discount rate
Operating leases4.0 %3.8 %
Finance leases4.4 %3.7 %