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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies [Abstract]  
Future Commitments Under Operating Lease

The table below summarizes the Company’s future commitments under the operating lease (dollars in thousands):

 
 
Operating Lease
Commitments
 
2025
 
$
37
 
2026
   
41
 
2027
   
-
 
Remaining undiscounted lease payments
   
78
 
Less: imputed interest
   
4
 
Remaining discounted lease payments
 
$
74
 
Other Information for Operating Lease

Other information related to the operating lease is summarized below as of the periods indicated:


Classification
 
June 30, 2025
   
December 31, 2024
 
ROU Assets
Receivables and other assets
 
$
74
   
$
109
 
Lease Liabilities
Accrued expenses and other liabilities
 
$
(74
)
 
$
(109
)
Weighted average remaining lease term in years
 
   
1.1
     
1.6
 
Weighted average discount rate (A)
 
   
8.18
%
   
8.18
%

(A)
The Company uses an incremental borrowing rate in determining the present value of lease payments.