Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Operating Lease Expense

For the three and nine months ended September 30, 2023 and 2022, the components of operating lease expense are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2023		2022		2023		2022
Operating leases
Operating lease expense	$	231	$	235	$	692	$	727
Variable lease expense	79		47		191		132
Operating lease expense	310		282		883		859
Short-term lease rent expense	4		33		12		160
Total expense	$	314	$	315	$	895	$	1,019

Schedule of Operating Lease Additional Information

	At September 30, 2023
Weighted-average remaining lease term (years), operating leases	4.0
Weighted-average discount rate, operating leases	5.7	%

Schedule of Future Minimum Lease Payments Under Operating Leases

Future minimum lease payments under operating leases as of September 30, 2023 are as follows:

Year	(In thousands)
2023 (Remainder)	$	231
2024	1,101
2025	1,135
2026	901
2027	491
2028	358
Thereafter	30
Total	4,247
Less present value discount	(482)
Present value of total operating lease liabilities	3,765
Less current portion	(854)
Long-term obligations under operating leases	$	2,911

Subsequent to September 30, 2023, the Company entered into a lease amendment for its Los Angeles, California office space. Pursuant to this amendment, the Company received a total value of approximately $355,000 in rent abatement for approximately eight months starting in November 2023.