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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases  
Summary of lease expense

Year Ended

December 31, 

(In thousands)

    

2024

    

2023

Operating lease expense

    

$

862

    

$

1,092

Summary of supplemental balance sheet information related to operating leases

December 31, 

December 31, 

(In thousands)

2024

2023

Operating Leases:

Gross cost

$

4,530

$

5,094

Accumulated amortization

(1,688)

(1,235)

Other assets

$

2,842

$

3,859

Current portion of lease liabilities

$

481

$

426

Other liabilities

2,117

3,074

Total operating lease liabilities

$

2,598

$

3,500

Summary of supplemental information related to operating and finance leases

Year Ended

(In thousands, except for years and percentages)

December 31, 

Supplemental Cash Flow Lease Information:

2024

2023

 

Operating cash flows from operating leases

$

736

$

974

Leased assets obtained in exchange for new operating lease liabilities

$

$

2,010

Weighted-Average Remaining Lease Term (in years):

Operating leases

4.3

5.3

Weighted-Average Discount Rate:

Operating leases

10.1

%

10.2

%

Summary of future maturities lease liabilities under operating leases

(In thousands)

Operating

Year Ending December 31, 

    

 

Leases

2025

694

2026

742

2027

760

2028

779

2029

260

Total undiscounted lease payments

3,235

Less: unrecognized interest

(637)

Total lease liability

$

2,598