Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.25.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Expense
The components of lease expense were as follows:

Year Ended December 31,
2024 2023
(in thousands)
Operating lease cost $ 83 $ 102
Finance lease cost:
Amortization of right-of-use assets 37 —
Interest on lease obligations 24 —
Short-term lease cost 723 816
Total lease expense $ 867 $ 918
Schedule of Maturities of Lease Liabilities
As of December 31, 2024, the maturities of lease liabilities under non-cancelable operating and finance leases were as follows:

Operating Leases Finance Leases
(in thousands) (in thousands)
2025 $ 35 $ 86
2026 35 86
2027 26 86
2028 — 86
2029 — 30
Total minimum lease payments 96 374
Less: imputed interest (9) (87)
Total $ 87 $ 287