Quarterly report [Sections 13 or 15(d)]

LEASES (Tables)

v3.25.1
LEASES (Tables)
 3 Months Ended
Mar. 31, 2025
Leases  
SCHEDULE OF SUPPLEMENTAL CASH FLOWS INFORMATION RELATED TO LEASES

Supplemental cash flows information related to leases was as follows:

 

    For The Three Months Ended  
    March 31,  
    2025     2024  
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from operating leases   $ 821     $ 339  
Financing cash flows from finance leases   $ 8     $ 169  
Right-of-use assets obtained in exchange for lease obligations:                
Operating leases   $ 321     $ 375  
Finance leases   $ -     $ 53  
Weighted Average Remaining Lease Term                
Operating leases     2.47       2.72  
Finance leases     0.28       2.27  
Weighted Average Discount Rate                
Operating leases     7.3 %     7.3 %
Finance leases     6.2 %     6.3 %
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

Future minimum payments under non-cancellable leases as of March 31, 2025 were as follows:

 

For the Years Ending December 31,   Operating Lease     Finance Lease  
2025   $ 4,538     $ 41  
2026     2,498       41  
2027     1,707       35  
2028     991       18  
2029     893       -  
Thereafter     1,173       -  
Total future minimum lease payments     11,800       135  
Less: imputed interest     (1,852 )     (12 )
Total   $ 9,948     $ 123