Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 395

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 395
---
 As of and For the Three Months Ended September 30,   As of and For the Nine Months Ended 
September 30,      2025   2024   2025   2024   Operating lease expense  $91   $96   $274   $288   Finance lease cost                      Amortization of right-of-use assets   20    20    60    60   Interest on lease liabilities   3    5    10    17   Finance lease cost   23    25    70    77   Total lease cost  $114   $121   $344   $365                          Other information on leases:                      Cash payments included in operating cash flows from operating leases  $98   $102   $293   $306   Cash payments included in operating cash flows from finance leases   3    5    10    17   Cash payments included in financing cash flows from finance leases   27    25    80    73   Right-of-use assets obtained in exchange for new operating lease liabilities   —    —    —    185   Right-of-use assets obtained in exchange for new finance lease liabilities   —    —    —    —   Weighted average discount rate – operating leases   4.45%    4.48%    4.45%    4.48%   Weighted average discount rate – finance leases   8.50%    8.50%    8.50%    8.50%   Weighted average remaining lease term in years – operating leases   3.7 years    4.7 years    3.7 years    4.7 years   Weighted average remaining lease term in years – finance leases   1.1 years    2.1 years    1.1 years    2.1 years 

The following table presents the contractual maturities of the Company’s
lease liabilities for each of the five years in the period ending December