Quarterly report [Sections 13 or 15(d)]

LEASES (Tables)

v3.26.1
LEASES (Tables)
 6 Months Ended
Jun. 30, 2026
Leases  
SCHEDULE OF LEASE RELATED ASSETS AND LIABILITIES

The table below presents the lease-related assets and liabilities recorded in the Condensed Consolidated Balance Sheet:

 

   

Classification on the

Balance Sheet

   June 30, 2026     December 31, 2025  
                 
Assets                    
Operating lease assets   Operating lease right of use assets     1,001       1,217  
Total lease assets       $ 1,001     $ 1,217  
                     
Liabilities                    
Current                    
Operating lease liabilities   Other accrued expenses     458       431  
Total current lease liabilities       $ 458     $ 431  
Noncurrent                    
Operating lease liabilities   Operating lease liabilities, net of current portion     516       752  
Total long-term lease liabilities         516       752  
Total lease liabilities       $ 974     $ 1,183  
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

The table below reconciles the cash flows to the lease liabilities recorded on the Company’s Condensed Consolidated Balance Sheet as of June 30, 2026:

 

    Operating Leases  
2026 - remaining six months     275  
2027     550  
2028     275  
Total minimum lease payments     1,100  
Less: amount of lease payments representing effects of discounting     126  
Present value of future minimum lease payments     974  
Less: current obligations under leases     458  
Long-term lease obligations   $ 516