| Lease contracts |
Note 5: Lease contracts Future minimum lease payments under the Company’s operating leases’ right of use as of September 30, 2025 and December 31, 2024, are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2025 | | December 31, 2024 | | Real Estate | | Other assets | | Total | | Real Estate | | Other assets | | Total | | Current portion | 1,291 | | | 77 | | | 1,368 | | | 810 | | | 26 | | | 836 | | | Year 2 | 1,340 | | | 24 | | | 1,365 | | | 1,222 | | | 7 | | | 1,228 | | | Year 3 | 1,349 | | | 7 | | | 1,355 | | | 1,230 | | | 7 | | | 1,237 | | | Thereafter | 4,931 | | | 3 | | | 4,935 | | | 5,127 | | | 9 | | | 5,136 | | | Total minimum lease payments | 8,911 | | | 112 | | | 9,023 | | | 8,388 | | | 49 | | | 8,437 | | | Less: Effects of discounting | (1,327) | | | (6) | | | (1,333) | | | (1,463) | | | (23) | | | (1,486) | | | Present value of lease liabilities | 7,584 | | | 106 | | | 7,691 | | | 6,925 | | | 26 | | | 6,951 | | | Less: current portion | (928) | | | (73) | | | (1,001) | | | (648) | | | (6) | | | (654) | | | Long-term lease liabilities | 6,657 | | | 33 | | | 6,690 | | | 6,278 | | | 20 | | | 6,297 | | | Weighted average remaining lease term (years) | 6.94 | | 0.02 | | | | 7.49 | | 0.02 | | | | Weighted average discount rate | 5.13 | % | | 0.07 | % | | | | 5.02 | % | | 0.02 | % | | |
The Company recognizes rent expense, calculated as the remaining cost of the lease allocated over the remaining lease term on a straight-line basis. Rent expense presented in the consolidated statement of operations and comprehensive loss was: | | | | | | | | | | | | | September 30, | | 2025 | | 2024 | | Operating lease expense / (income) | 918 | | | 1,568 | | | Net termination impact | (26) | | | (46) | |
Supplemental cash flow information related to operating leases is as follows for the period September 30, 2025 and 2024: | | | | | | | | | | | | | September 30, | | 2025 | | 2024 | | Cash paid for amounts included in the measurement of lease liabilities | | | | | Operating cash flows used in operating leases | 300 | | | 1,141 | |
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