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Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Summary of Future Minimum Payments for Leases

As of March 31, 2026, future minimum payments for leases for the remainder of 2026 and the years ended December 31, noted below, were as follows (in thousands):

 

 

Operating Leases

 

 

Finance Leases

 

Remainder of 2026

 

$

380

 

 

$

10

 

2027

 

 

323

 

 

 

9

 

2028

 

 

30

 

 

 

—

 

2029

 

 

30

 

 

 

—

 

2030

 

 

30

 

 

 

—

 

Years subsequent to 2030

 

 

480

 

 

 

—

 

 

 

1,273

 

 

 

19

 

Interest component

 

 

(322

)

 

 

(2

)

 

 

951

 

 

 

17

 

Current portion of long-term lease liabilities

 

 

481

 

 

 

12

 

Long-term lease liabilities

 

$

470

 

 

$

5

 
Summary of Components of Leases Expense

For the three months ended March 31, 2026 and 2025 the components of lease expense were as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Operating lease costs

 

$

160

 

 

$

200

 

Finance lease costs:

 

 

 

 

 

 

Amortization of finance lease assets (1)

 

 

3

 

 

 

11

 

Interest on finance lease liabilities (2)

 

 

1

 

 

 

1

 

Short-term lease costs

 

 

90

 

 

 

137

 

 

$

254

 

 

$

349

 

 

(1)
Included in amortization costs in the consolidated statements of income (loss).
(2)
Included in interest expense in the consolidated statements of income (loss).
Summary of Supplemental Cash Flow Information Related to Leases

For the three months ended March 31, 2026 supplemental cash flow information related to leases was as follows (in thousands):

 

 

2026

 

 

2025

 

Operating cash outflows from operating leases

 

$

164

 

 

$

178

 

Financing cash outflows from finance leases

 

 

3

 

 

 

9

 

Right-of-use assets obtained for operating lease liabilities

 

 

83

 

 

 

—

 
Summary of Other Information Related to Leases

For the three months ended March 31, 2026 other information related to leases was as follows:

 

 

2026

 

 

2025

 

Weighted average remaining lease term, in years - operating leases

 

 

11.5

 

 

 

11.5

 

Weighted average remaining lease term, in years - finance leases

 

 

1.5

 

 

 

2.4

 

Weighted average discount rate - operating leases

 

 

12.1

%

 

 

6.1

%

Weighted average discount rate - finance leases

 

 

11.0

%

 

 

10.8

%