LEASES (Tables)

12 Months Ended

Dec. 31, 2024

LEASES [Abstract]

Summary of balance sheet presentation of our operating and finance leases

(dollars in thousands)
Classification on the Consolidated Balance Sheet	December 31, 2024		December 31, 2023
Assets:
Operating lease right-of-use assets, net	$	395	$	612
Finance lease right-of-use assets, net (1)		517		174
Total lease assets	$	912	$	786
Liabilities:
Current:
Current maturities of operating lease liabilities	$	201	$	218
Current maturities of finance lease liabilities		124		132
Noncurrent:
Operating lease liabilities, less current maturities		206		407
Finance lease liabilities, less current maturities		348		18
Total lease liabilities	$	879	$	775

(1)As of December 31, 2024 and 2023, finance lease right-of-use assets included zero, respectively, of assets related to finance leases associated with the HSRR program.

Summary of estimated future minimum lease payments for operating leases

As of December 31, 2024, the estimated future minimum lease payments, excluding non-lease components, are as follows:

(dollars in thousands)	Operating Leases		Finance Leases		Total
		December 31,		December 31,		December 31,
		2024		2024		2024
2025	$	224	$	171	$	395
2026		214		133		347
2027		—		107		107
2028		—		67		67
2029		—		38		38
Thereafter		—		73		73
Total lease obligations		438		589		1,027
Less: Amount representing interest		(31)		(117)		(148)
Present value of net minimum lease obligations		407		472		879
Less, current portion		(201)		(124)		(325)
Long term portion	$	206	$	348	$	554

Summary of estimated future minimum lease payments for finance leases

As of December 31, 2024, the estimated future minimum lease payments, excluding non-lease components, are as follows:

(dollars in thousands)	Operating Leases		Finance Leases		Total
		December 31,		December 31,		December 31,
		2024		2024		2024
2025	$	224	$	171	$	395
2026		214		133		347
2027		—		107		107
2028		—		67		67
2029		—		38		38
Thereafter		—		73		73
Total lease obligations		438		589		1,027
Less: Amount representing interest		(31)		(117)		(148)
Present value of net minimum lease obligations		407		472		879
Less, current portion		(201)		(124)		(325)
Long term portion	$	206	$	348	$	554

Schedule of other information

	December 31,	December 31,
	2024	2023
Weighted-average remaining lease term (years):
Operating leases	1.9	2.8
Finance leases	4.4	2.0
Weighted-average discount rate:
Operating leases	8.00%	8.00%
Finance leases	11.20%	10.63%