Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies

Schedule of Minimum Annual Rental Commitments

We have no financing leases and minimum annual rental commitments under non-cancellable operating leases consisted of the following at December 31, 2025 (in thousands):

Years Ending December 31,
2026	$	1,683
2027		1,533
2028		1,152
2029		732
2030		569
Thereafter		596
Total lease payments (b)		6,265
Less: Interest (c)		872
Present value of lease liabilities (d)	$	5,393

(a) Lease payments include options to extend lease terms that are reasonably certain of being exercised. There were no legally binding minimum lease payments for leases signed but not yet commenced at December 31, 2025.

(b) Our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our discount rate for such leases to determine the present value of lease payments at the lease commencement date.

(c) The weighted average remaining lease term and weighted average discount rate used in calculating our lease liabilities were 4.9 years and 6.0%, respectively, at December 31, 2025.