Quarterly report [Sections 13 or 15(d)]

Financing Lease (Tables)

v3.25.2
Financing Lease (Tables)
6 Months Ended
Jun. 30, 2025
Financing Lease  
Schedule of Future Minimum Financing Lease Payments

The following table presents information about the amount and timing of the liability arising from the Company’s financing lease as of June 30, 2025 ($ in thousands):

 

Maturity of Lease Liability  

Financing

Lease

Liability

 
2025   $ 45  
2026     91  
2027     90  
2028     91  
2029     90  
Thereafter     8  
Total undiscounted financing lease payments’     415  
Less: Imputed interest     (78 )
Present value of financing lease liability   $ 337  
Weighted average remaining lease term     4.6 years  
Weighted average discount rate     9.1 %