Quarterly report [Sections 13 or 15(d)]

Note 9 - Lease Liability (Tables)

v3.25.2
Note 9 - Lease Liability (Tables)
6 Months Ended
Jun. 30, 2025
Lessee Disclosure [Abstract]  
Schedule of Future Minimum Payments of Lease Liabilities

Minimum payments, undiscounted, under our operating leases are as follows:

 

Years ending December 31,

 

Amount

 

2025

 

$

233

 

2026

 

 

197

 

Total minimum lease payments

 

 

430

 

Less: imputed interest

 

 

(17

)

Present value of lease liabilities

 

 

413

 

Less: current portion of lease liability

 

 

(413

)

Lease liability, non-current

 

$

 

 

Summary of Weighted Average Remaining Term of Leases and Weighted Average Discount Rate

The following table presents the weighted average remaining term of the leases and the weighted average discount rate:

 

 

 

June 30,
2025

 

 

December 31,
2024

 

Weighted-average remaining term – operating leases (years)

 

 

0.9

 

 

 

1.4

 

Weighted-average discount rate – operating leases

 

 

7.90

%

 

 

7.90

%

 

 

 

 

 

 

 

Lease liability, current portion

 

$

413

 

 

$

428

 

Lease liability, long-term portion

 

 

 

 

 

193

 

Total

 

$

413

 

 

$

621

 

Summary of Operating Lease Costs and Operating Cash Flows from Operating Leases

Operating lease costs and operating cash flows from our operating leases are as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Operating lease cost

 

$

107

 

 

$

112

 

 

$

214

 

 

$

224

 

Operating cash flows from operating leases

 

$

116

 

 

$

119

 

 

$

229

 

 

$

234