v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 30, 2026
LEASES  
Schedule of statements of operations and cash flows related to operating lease liability

​

​

​

​

​

​

​

​

​

  ​ ​ ​

Six Months Ended June 30, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

(amounts, in thousands)

Cash paid in connection with the operating leases

​

$

863

​

$

843

Schedule of supplemental balance sheet information related to operating leases

​

​

​

​

​

​

​

​

​

​

​

June 30, 

​

December 31, 

​

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

​

(amounts, in thousands)

​

Right-of-use asset

​

$

10,612

​

$

10,924

​

Lease liability - current portion

​

$

589

​

$

541

​

Lease liability - net of current portion

​

​

11,596

​

​

11,903

​

Total lease liability

​

$

12,185

​

$

12,444

​

Weighted average discount rate

​

 

9.8

%

​

9.8

%

Weighted average remaining lease term

​

​

10.3 years

​

​

11.4 years

​

Schedule of components of lease expense

​

​

​

​

​

​

​

​

​

  ​ ​ ​

Three Months Ended June 30, 

​

​

2026

  ​ ​ ​

2025

​

​

(amounts, in thousands)

Operating lease cost

​

$

470

​

$

408

Variable lease cost

​

​

177

​

​

46

Total lease cost

​

$

647

​

$

454

​

​

​

​

​

​

​

​

​

  ​ ​ ​

Six Months Ended June 30, 

​

​

2026

  ​ ​ ​

2025

​

​

(amounts, in thousands)

Operating lease cost

​

$

922

​

$

845

Variable lease cost

​

​

349

​

​

149

Total lease cost

​

$

1,271

​

$

994

Schedule of maturities of the operating lease liability

As of June 30, 2026, the maturities of the operating lease liability are as follows:

​

​

​

​

Remainder of 2026

  ​ ​ ​

$

873

2027

​

 

1,777

2028

​

 

1,819

2029

​

 

1,863

2030

​

 

1,907

Thereafter

​

 

11,643

Future operating lease payments

​

​

19,882

Imputed interest

​

​

(7,697)

Total operating lease liability

​

$

12,185

​