Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 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 six months ended June 30, 2026 and 2025.

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

Cash paid in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows used for operating leases

 

$

2,114

 

 

$

2,114

 

Operating cash flows used for finance leases

 

 

1,374

 

 

 

765

 

Financing cash flows used for finance leases

 

 

7,091

 

 

 

3,554

 

Other information

 

 

 

 

 

 

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

 

 

1.2

 

 

 

1.2

 

Weighted average discount rate - finance leases

 

 

10.1

%

 

 

11.0

%

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

 

 

1.4

 

 

 

1.2

 

Weighted average discount rate - operating leases

 

 

10.0

%

 

 

11.0

%

Schedule of Future Minimum Payments for Operating Leases

Future lease payments under the non-cancelable leases as of June 30, 2026 are as follows:

 

 

Finance Leases

 

 

Operating Leases

 

July 1, 2026 - December 31, 2026

 

$

9,466

 

 

$

2,242

 

2027

 

 

11,925

 

 

 

3,923

 

     Total undiscounted lease payments

 

 

21,391

 

 

 

6,165

 

Less imputed interest

 

 

(1,415

)

 

 

(428

)

     Total lease liability

 

$

19,976

 

 

$

5,737