Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Lease Cost Recognized Under ASC 842

The following table contains information pertaining to the Company’s operating and finance leases for the three months ended March 31, 2026 and 2025.

 

 

Three Months Ended
March 31,

 

 

 

2026

 

 

2025

 

Cash paid in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows used for operating leases

 

$

1,057

 

 

$

1,057

 

Operating cash flows used for finance leases

 

 

877

 

 

 

208

 

Financing cash flows for finance leases

 

 

4,271

 

 

 

552

 

Other information

 

 

 

 

 

 

Weighted average remaining lease term - finance leases (in years)

 

 

1.2

 

 

 

1.5

 

Weighted average discount rate - finance leases

 

 

10.2

%

 

 

11.0

%

Weighted average remaining lease term - operating leases (in years)

 

 

0.7

 

 

 

1.4

 

Weighted average discount rate - operating leases

 

 

10.3

%

 

 

11.0

%

Schedule of Future Minimum Payments for Operating Leases

Future lease payments under the non-cancelable leases as of March 31, 2026 are as follows:

 

 

Finance Leases

 

 

Operating Leases

 

2026

 

$

17,568

 

 

$

2,576

 

2027

 

 

7,950

 

 

 

 

     Total undiscounted lease payments

 

 

25,518

 

 

 

2,576

 

Less imputed interest

 

 

(1,553

)

 

 

(91

)

     Total lease liability

 

$

23,965

 

 

$

2,485