Note 6 - Leases

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

6. LEASES

Lease expense was comprised of the following (in thousands):

	Year Ended December 31,
	2025		2024		2023
Operating lease expense	$	1,790	$	1,577	$	1,534
Short-term lease and variable lease expense (1)		730		1,049		923
Total lease expense	$	2,520	$	2,626	$	2,457

(1) Leases with an initial term of 12 months or less are not recorded on the Consolidated Balance Sheets, and the Company recognizes lease expense for these leases on a straight-line basis over the lease term. Variable lease expense for the periods presented primarily included common area maintenance charges.

Supplemental information related to operating leases were as follows:

	December 31,
	2025			2024
Weighted average remaining lease term under operating leases (in years)		3.2			3.3
Weighted average discount rate for operating lease liabilities		6.2	%		6.0	%

Maturity of operating lease liabilities as of  December 31, 2025 were as follows (in thousands):

Year Ending December 31,	Amount
2026	$	2,218
2027		2,126
2028		1,357
2029		357
2030		283
2031 and thereafter		95
Total future minimum lease payments		6,436
Less: Interest (1)		(616	)
Present value of future minimum lease payments under operating lease liabilities	$	5,820
Reported as of December 31, 2025:
Operating lease liabilities – current	$	1,982
Operating lease liabilities – non-current		3,838
Total operating lease liabilities	$	5,820

(1) Calculated using incremental borrowing interest rate for each lease.