Lease Commitment

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Lessee Operating Leases [Text Block]

NOTE 9: LEASE COMMITMENTS

We lease certain office facilities and equipment under operating leases. Rent expense for all operating leases totaled $

0.1

million and $

0.2

 million for the years ended December 31, 2024 and 2023, respectively. Aggregate lease right of use assets

were $

0.2

 million and $

0.5

 million at December 31, 2024 and 2023, respectively. Aggregate lease liabilities were $0.2

million and $

0.5

 million at December 31, 2024 and 2023, respectively. Rent expense includes amounts related to items that

are not included in the determination of lease right of use assets including expenses related to short-term leases totaling

$

0.1

 million for the year ended December 31, 2024.

Lease payments under operating leases that were applied to our operating lease liability totaled $

0.1

 million during the year

ended December 31, 2024. The following table reconciles future undiscounted lease payments due under non-cancelable

operating leases (those amounts subject to recognition) to the aggregate operating lease liability as of December 31, 2024.

Future lease

(Dollars in thousands)

payments

2025

$

81

2026

60

2027

60

2028

45

2029

—

Thereafter

—

Total undiscounted operating lease liabilities

$

246

Imputed interest

15

Total operating lease liabilities included in the accompanying consolidated balance sheets

$

231

Weighted-average lease terms in years

3.47

Weighted-average discount rate

3.20

%