Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Reconciles Undiscounted Cash flows of Operating Lease Liabilities Recorded on the Condensed Consolidated Balance Sheet

The table below reconciles the undiscounted cash flows for the first five years and the total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of September 30, 2023 (in thousands):

	September 30, 2023
2023 (remaining three months)	$	506
2024		1,963
2025		1,738
2026		1,325
2027		856
Thereafter		22
Total minimum lease payments		6,410
Less: amount of lease payments representing interest		(665	)
Present value of future minimum lease payments		5,745
Less: current liabilities under operating leases		(1,708	)
Long-term operating lease liabilities	$	4,037

During the nine months ended September 30, 2023, the Company entered into new leases primarily related to its manufacturing facilities in both Singapore and Thailand resulting in recording operating lease ROU assets and corresponding operating lease liabilities of approximately $2.2 million and $2.2 million, respectively.