Quarterly report [Sections 13 or 15(d)]

Operating Leases (Tables)

v3.25.3
Operating Leases (Tables)
9 Months Ended
Sep. 30, 2025
Operating Leases  
Schedule of Future Minimum Operating Lease Payments

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

 

Maturity of Lease Liability  

Operating

Lease Liability

 
2025 (remaining)   $ 77  
2026     363  
2027     374  
2028     381  
2029     388  
Thereafter     876  
Total undiscounted operating lease payments     2,459  
Less: Imputed interest     (204 )
Present value of operating lease liability   $ 2,255  
Weighted average remaining lease term     7.3 years  
Weighted average discount rate     2.2 %
Schedule of Supplemental Cash Flows Information Related to Leases

Supplemental cash flows information related to leases was as follows:

 

    September 30,  
    2025  
Cash paid for amounts included in the measurement of lease liability ($ in thousands):        
Operating cash flows from operating lease   $ 225