XML 47 R30.htm IDEA: XBRL DOCUMENT v3.24.1.u1
LEASES (Tables)
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
The table below presents the lease-related assets and liabilities included on the condensed consolidated balance sheets:

Classification on Condensed Consolidated Balance Sheets:March 31, 2024December 31, 2023
(amounts in thousands)
Operating lease right-of-use assets$1,831 $2,599 
Operating lease liabilities - current$2,362 $2,604 
Operating lease liabilities - non-current$2,130 $2,663 
March 31, 2024December 31, 2023
Weighted average remaining lease term2.0 years2.2 years
Weighted average discount rate6.36 %6.36 %
Schedule of Operating Lease Maturity
The table below reconciles the undiscounted cash flows for each of, and total of, the remaining years to the operating lease liabilities (which do not include short-term leases) recorded on the condensed consolidated balance sheets as of March 31, 2024:
(amounts in thousands)
Years Ending December 31:
2024$1,995 
20252,186 
2026318 
2027180 
2028114 
Total minimum lease payments4,793 
Less: amount of lease payments representing interest(301)
Present value of future minimum lease payments4,492 
Less: operating lease liabilities - current(2,362)
Operating lease liabilities - non-current$2,130 
Schedule of Lease Costs
The table below provides information regarding supplemental cash flows:
Three Months Ended
March 31,
20242023
(amounts in thousands)
Supplemental Cash Flow Information:
Cash paid for amounts included in the measurement of operating lease liabilities$863 $1,256 
Right-of-use assets acquired under operating lease$11 $6 

The components of lease expense are as follows:
Three Months Ended
March 31,
20242023
(amounts in thousands)
Amounts Included in Condensed Consolidated Statements of Operations and Comprehensive Income:
Operating lease expense$322 $492 
Short-term lease expense$597 $940 
Variable and other lease costs$628 $(2)