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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Expense Recognized on Straight-line Basis Over Lease Term
Lease expense for these leases is recognized on a straight-line basis over the lease term. For the three months ended March 31, 2026 and March 31, 2025, total lease costs are comprised of the following:
(Dollars in thousands)Three Months Ended
March 31,
20262025
Operating lease cost$21 $18 
Finance lease costs
  Amortization of right of use assets21 — 
  Interest on lease liabilities28 — 
    Total finance lease costs49 — 
Total net lease cost$70 $18 
Schedule of Other Information Related to Leases
Other information related to leases was as follows:
Three Months Ended
March 31, 2026
Weighted Average Remaining Lease Term (in years):
Operating leases4.83
Financing leases21.08
Weighted Average Discount Rate:
Operating leases9.63 %
Financing leases11.35 %
(Dollars in thousands)Three Months Ended
March 31, 2026
Three Months Ended
March 31, 2025
Supplemental Cash Flows Information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$21 $21 
Financing cash flows from financing leases$56 $— 
Non-Cash Activity Right-of-use assets obtained or adjusted in exchange for lease obligations:
Operating leases$— $— 
Financing leases$(430)$— 
Schedule of Maturity of Operating Lease Liabilities
Maturities of noncancellable operating and financing lease liabilities are as follows for the quarter ending March 31:
(Dollars in thousands)
202620262026
Operating leasesFinancing leasesTotal
2026 (remainder of year)$62 $169 $231 
202782 225 307 
202829 225 254 
202929 225 254 
203029 225 254 
Thereafter59 3,656 3,715 
Total lease payments290 4,725 5,015 
Less: imputed interest(46)(2,928)(2,974)
Total lease obligations244 1,797 2,041 
Less: current obligations(62)(22)(84)
Long-term lease obligations$182 $1,775 $1,957 
Schedule of Maturity of Finance Lease Liabilities
Maturities of noncancellable operating and financing lease liabilities are as follows for the quarter ending March 31:
(Dollars in thousands)
202620262026
Operating leasesFinancing leasesTotal
2026 (remainder of year)$62 $169 $231 
202782 225 307 
202829 225 254 
202929 225 254 
203029 225 254 
Thereafter59 3,656 3,715 
Total lease payments290 4,725 5,015 
Less: imputed interest(46)(2,928)(2,974)
Total lease obligations244 1,797 2,041 
Less: current obligations(62)(22)(84)
Long-term lease obligations$182 $1,775 $1,957