Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Lease Costs

The following summarizes quantitative information about the Company’s operating and finance leases (dollars in thousands):

	For the year ended December 31,
	2024			2023
Operating leases
Operating Lease Cost	$	1,608		$	1,672
Variable Lease Cost	508			497
Operating Lease Expense	2,116			2,169
Finance leases
Amortization of Right-Of-Use Assets	559			565
Interest on Lease Obligations	114			147
Finance Lease Expense	673			712
Short-term Lease Rent Expense	21			17
Total Rent Expense	$	2,810		$	2,898
Other information
Operating Cash Flows from Operating Leases	$	1,753		$	1,777
Operating Cash Flows from Finance Leases	$	114		$	147
Financing Cash Flows from Finance Leases	$	558		$	522
Weighted-average Remaining Lease Term – Operating Leases	2.4			2.3
Weighted-average Remaining Lease Term – Finance Leases	2.5			3.5
Weighted-average Discount Rate – Operating Leases	6.3		%	6.5		%
Weighted-average Discount Rate – Finance Leases	6.4		%	6.4		%

Schedule of Operating Lease Maturities

Future minimum rental payments under operating and finance lease agreements are as follows (table in thousands):

	Operating		Finance
Year ending December 31, 2025	$	1,716	$	676
Year ending December 31, 2026	1,075		666
Year Ended December 31, 2027	655		311
Year Ended December 31, 2028	57		—
Total	3,503		1,653
Less Present Value Discount	(238)		(123)
Operating and Finance Lease Liabilities	$	3,265	$	1,530

Schedule of Finance Lease Maturities

Future minimum rental payments under operating and finance lease agreements are as follows (table in thousands):

	Operating		Finance
Year ending December 31, 2025	$	1,716	$	676
Year ending December 31, 2026	1,075		666
Year Ended December 31, 2027	655		311
Year Ended December 31, 2028	57		—
Total	3,503		1,653
Less Present Value Discount	(238)		(123)
Operating and Finance Lease Liabilities	$	3,265	$	1,530