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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Supplemental Balance Sheet Information Related To Leases
The tables below present financial information related to the Company’s leases.
Supplemental balance sheets information related to leases as of December 31, 2023 and 2022 are as follows (in thousands):
 
         
December 31,
 
Leases
  
Classification
  
2023
    
2022
 
Assets
        
Operating lease
  
Operating lease right-of-use
assets
   $ 4,639      $ 5,265  
Finance lease
  
Property, plant
 and equipment, net
     511        143  
     
 
 
    
 
 
 
Total lease assets
      $ 5,150      $ 5,408  
     
 
 
    
 
 
 
Liabilities
        
Current
        
Operating
   Operating lease liabilities    $ 1,914      $ 1,397  
Finance
  
Other current
liabilities
     146        90  
Non-current
        
Operating
  
Non-current operating lease liabilities
     2,897        4,091  
Finance
  
Other
non-current
liabilities
     432        63  
     
 
 
    
 
 
 
Total lease liabilities
      $ 5,389      $ 5,641  
     
 
 
    
 
 
 
Lease, Cost
The following table presents the weighted average remaining lease term and discount rate:
 
    
December 31,
 
    
2023
   
2022
 
Weighted average remaining lease term
    
Operating leases
     2.8 years       3.7 years  
Finance leases
     3.7 years       2.4 years  
Weighted average discount rate
    
Operating leases
     6.6     6.6
Finance leases
     7.4     7.6
Other Lease Information
The components of lease cost included in the Company’s consolidated statements of operations, are as follows (in thousands):
 
    
Year Ended December 31,
 
    
2023
    
2022
    
2021
 
Operating lease cost
   $ 2,071      $ 2,261      $ 2,777  
Finance lease cost
        
Amortization of
right-of-use
assets
     147        68        65  
Interest on lease liabilities
     31        10        14  
  
 
 
    
 
 
    
 
 
 
Total lease cost
   $ 2,249      $ 2,339      $ 2,856  
  
 
 
    
 
 
    
 
 
 
The above table does not include an immaterial cost of short-term leases for the years ended December 31, 2023, 2022 and 2021.
Other lease information is as follows (in thousands):
 
    
Year Ended December 31,
 
    
2023
    
2022
    
2021
 
Cash paid for amounts included in the measurement of lease liabilities
        
Operating cash flows from operating leases
   $ 2,118      $ 2,276      $ 2,777  
Operating cash flows from finance leases
     31        10        14  
Financing cash flows from finance leases
     91        70        65  
Schedule Of Future Lease Payments
The aggregate future lease payments for operating and finance leases as of December 31, 2023 are as follows (in thousands):
 
    
Operating
Leases
    
Finance

Leases
 
2024
   $ 2,169      $ 183  
2025
     1,544        182  
2026
     966        168  
2027
     651        128  
  
 
 
    
 
 
 
Total future lease payments
     5,330        661  
Less: Imputed interest
     (519      (83
  
 
 
    
 
 
 
Present value of future payments
   $ 4,811      $ 578