v3.25.3
OPERATING LEASES (Tables)
9 Months Ended
Sep. 30, 2025
OPERATING LEASES  
Schedule of operating lease cost and short-term lease cost

The operating lease cost and short-term lease cost for the three and nine months ended September 30, 2024 and 2025 were as follows (in thousands):

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​

​

​

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​

​

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​

​

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For the three months ended September 30, 

​

For the nine months ended September 30, 

​

    

2024

    

2025

    

2024

    

2025

Selling expenses

​

$

22

​

$

24

​

$

61

​

$

71

Research and development expenses

​

​

170

​

​

219

​

​

375

​

​

631

General and administrative expenses

​

​

21

​

​

28

​

​

54

​

​

70

Total operating lease cost

​

​

213

​

​

271

​

​

490

​

​

772

​

​

​

​

​

​

 ​

​

​

​

​

​

 ​

Short-term lease cost

​

​

22

​

​

46

​

​

82

​

​

71

​

​

​

​

​

​

 ​

​

​

​

​

​

 ​

Total lease cost

​

$

235

​

$

317

​

$

572

​

$

843

Schedule of maturities of lease liabilities

Maturities of lease liabilities as of September 30, 2025 were as follows (in thousands):

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​

​

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Operating Lease

Remainder of 2025

 

$

149

2026

 

 

645

2027

​

​

499

2028

​

​

48

2029

​

​

41

After

​

​

133

Total undiscounted lease payment

 

 

1,515

Less: Imputed interest

 

 

(93)

Present value of lease liabilities

 

$

1,422

​