LEASES (Tables)

6 Months Ended

Jun. 30, 2025

LEASES [Abstract]

Rent Expense for All Operating Leases Except Those with Terms of 12 Months or Less

Rent expense for all operating leases, except those with terms of 12 months or less, comprises:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in thousands)		2025		2024		2025		2024
Minimum rentals	$	2	$	4	$	4	$	8
Contingent rentals		-		-		-		-
Rent expenses	$	2	$	4	$	4	$	8

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows:

		Six months ended		Six months ended
		June 30, 2025		June 30, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4	$	8
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	410	$	501

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows:

		June 30, 2025			December 31, 2024
Operating Leases:
Operating lease right-of-use assets	$	410		$	414
Other current liabilities	$	8		$	8
Operating lease liabilities		401			404
Total operating lease liabilities	$	409		$	412
Weighted Average Remaining Lease Term
Operating leases		68 years			68 years
Weighted Average Discount Rate
Operating leases		5.0	%		5.0	%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities that have initial or remaining non-cancelable lease terms in excess of one year as of June 30, 2025 are as follows:

		(in thousands)
		Operating Leases
Year
2025	$	28
2026		28
2027		27
2028		20
2029		20
Thereafter		1,319
Total undiscounted lease payments	$	1,442
Less effects of discounting		(1,033	)
Total lease liabilities recognized	$	409