XML 38 R24.htm IDEA: XBRL DOCUMENT v3.25.3
LEASES (Tables)
9 Months Ended
Sep. 30, 2025
LEASES  
Schedule of statement of operations and cash flows related to operating lease liability

    

September 30, 

    

2025

    

2024

(amounts, in thousands)

Cash paid in connection with the operating leases

$

1,264

$

1,235

Schedule of supplemental balance sheet information related to operating leases

September 30, 

December 31, 

    

2025

    

2024

(amounts, in thousands)

Right-of-use asset

$

11,075

$

11,511

Lease liability - current portion

$

518

$

453

Lease liability - net of current portion

12,051

12,444

Total lease liability

$

12,569

$

12,897

Weighted average discount rate

 

9.8

%

9.8

%

Weighted average remaining lease term

11.4 years

11.7 years

Schedule of components of lease expense

    

Three Months Ended September 30,

2025

    

2024

(amounts, in thousands)

Operating lease cost

$

440

$

409

Variable lease cost

207

156

Total lease cost

$

647

$

565

    

Nine Months Ended September 30,

2025

    

2024

(amounts, in thousands)

Operating lease cost

$

1,288

$

1,297

Variable lease cost

356

360

Total lease cost

$

1,644

$

1,657

Schedule of maturities of the operating lease liability

As of September 30, 2025, the maturities of the operating lease liability are as follows:

Remainder of 2025

    

$

431

2026

 

1,736

2027

 

1,777

2028

 

1,819

2029

 

1,863

Thereafter

 

13,550

Future operating lease payments

21,176

Imputed interest

(8,607)

Total operating lease liability

$

12,569