Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.3
Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Lease Cost Recognized Under ASC 842

The following table contains information pertaining to the Company’s operating and finance leases for the nine months ended September 30, 2025 and 2024.

 

 

Nine months ended September 30,

 

 

 

2025

 

 

2024

 

Cash paid in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows used for operating leases

 

$

3,170

 

 

$

4,057

 

Operating cash flows used for finance leases

 

 

1,449

 

 

 

 

Financing cash flows used for finance leases

 

 

4,349

 

 

 

 

Other information

 

 

 

 

 

 

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

 

 

1.2

 

 

 

 

Weighted average discount rate - finance leases

 

 

10.9

%

 

 

 

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

 

 

0.9

 

 

 

1.9

 

Weighted average discount rate - operating leases

 

 

11.0

%

 

 

11.3

%

Schedule of Future Minimum Payments for Operating Leases

Future lease payments under the non-cancelable leases as of September 30, 2025 are as follows:

 

 

Finance Leases

 

 

Operating Leases

 

October 1, 2025 - December 31, 2025

 

$

6,349

 

 

$

1,057

 

2026

 

 

17,529

 

 

 

2,769

 

     Total undiscounted lease payments

 

 

23,878

 

 

 

3,826

 

Less imputed interest

 

 

(1,724

)

 

 

(200

)

     Total lease liability

 

$

22,154

 

 

$

3,626